Invesco RAFI Strategic US ETF (NASDAQ:IUS) Shares Acquired by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC increased its stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 4.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,148 shares of the company’s stock after acquiring an additional 456 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Invesco RAFI Strategic US ETF were worth $561,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IUS. FMR LLC grew its holdings in shares of Invesco RAFI Strategic US ETF by 46.0% in the 3rd quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after acquiring an additional 303 shares during the last quarter. CWM LLC purchased a new position in Invesco RAFI Strategic US ETF in the second quarter valued at about $90,000. Sigma Planning Corp purchased a new position in Invesco RAFI Strategic US ETF in the third quarter valued at about $205,000. AllGen Financial Advisors Inc. purchased a new position in Invesco RAFI Strategic US ETF in the third quarter valued at about $235,000. Finally, Davies Financial Advisors Inc. purchased a new position in Invesco RAFI Strategic US ETF in the second quarter valued at about $239,000.

Invesco RAFI Strategic US ETF Price Performance

Shares of NASDAQ IUS opened at $51.64 on Wednesday. The business’s 50-day moving average price is $50.88 and its two-hundred day moving average price is $49.10. Invesco RAFI Strategic US ETF has a one year low of $41.82 and a one year high of $52.38. The company has a market capitalization of $609.35 million, a P/E ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.207 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.60%. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18.

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.