Larson Financial Group LLC Acquires 1,036 Shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Larson Financial Group LLC raised its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 7.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,412 shares of the company’s stock after acquiring an additional 1,036 shares during the quarter. Larson Financial Group LLC’s holdings in Invesco RAFI Strategic US ETF were worth $775,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IUS. Sanctuary Advisors LLC purchased a new stake in Invesco RAFI Strategic US ETF during the second quarter valued at approximately $584,000. Cetera Investment Advisers lifted its holdings in shares of Invesco RAFI Strategic US ETF by 74.4% during the 2nd quarter. Cetera Investment Advisers now owns 36,827 shares of the company’s stock valued at $1,747,000 after purchasing an additional 15,705 shares during the last quarter. Bridge Advisory LLC lifted its holdings in shares of Invesco RAFI Strategic US ETF by 0.3% during the 3rd quarter. Bridge Advisory LLC now owns 110,771 shares of the company’s stock valued at $5,572,000 after purchasing an additional 348 shares during the last quarter. Thoroughbred Financial Services LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF in the 2nd quarter worth $252,000. Finally, Envestnet Asset Management Inc. grew its stake in Invesco RAFI Strategic US ETF by 46.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 102,018 shares of the company’s stock worth $4,839,000 after buying an additional 32,208 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Invesco RAFI Strategic US ETF stock opened at $52.10 on Tuesday. The stock has a market cap of $614.78 million, a PE ratio of 19.85 and a beta of 0.96. The stock has a 50-day moving average of $50.44 and a two-hundred day moving average of $48.75. Invesco RAFI Strategic US ETF has a one year low of $41.22 and a one year high of $52.31.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.207 dividend. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. This represents a $0.83 annualized dividend and a dividend yield of 1.59%. The ex-dividend date was Monday, September 23rd.

About Invesco RAFI Strategic US ETF

The Invesco RAFI Strategic US ETF (IUS) is an exchange-traded fund that is based on the Invesco Strategic US index. The fund tracks an index of stocks from large US firms. The index determines firm size by fundamental metrics and also screens by quality metrics IUS was launched on Sep 12, 2018 and is managed by Invesco.