Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 105,400 shares, a growth of 32.1% from the October 31st total of 79,800 shares. Based on an average daily trading volume, of 55,700 shares, the short-interest ratio is presently 1.9 days.

Institutional Trading of Invesco RAFI Strategic US ETF

Several large investors have recently bought and sold shares of the stock. World Investment Advisors LLC purchased a new position in shares of Invesco RAFI Strategic US ETF in the third quarter worth $152,410,000. LPL Financial LLC raised its stake in Invesco RAFI Strategic US ETF by 35.8% in the 2nd quarter. LPL Financial LLC now owns 824,299 shares of the company’s stock worth $39,097,000 after acquiring an additional 217,384 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Invesco RAFI Strategic US ETF by 413.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 250,548 shares of the company’s stock worth $11,883,000 after acquiring an additional 201,709 shares during the period. Intelligence Driven Advisers LLC grew its stake in Invesco RAFI Strategic US ETF by 52.1% during the 2nd quarter. Intelligence Driven Advisers LLC now owns 360,471 shares of the company’s stock valued at $17,097,000 after purchasing an additional 123,440 shares during the last quarter. Finally, Bridge Advisory LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the second quarter valued at about $5,237,000.

Invesco RAFI Strategic US ETF Stock Performance

Invesco RAFI Strategic US ETF stock opened at $52.31 on Monday. The stock has a market cap of $617.26 million, a PE ratio of 19.85 and a beta of 0.96. The stock has a 50-day moving average of $50.63 and a two-hundred day moving average of $48.90. Invesco RAFI Strategic US ETF has a one year low of $41.24 and a one year high of $52.38.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.207 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. This represents a $0.83 dividend on an annualized basis and a yield of 1.58%.

Invesco RAFI Strategic US ETF Company Profile

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.