Invesco RAFI Strategic US ETF (NASDAQ:IUS) Shares Acquired by Bridge Advisory LLC

Bridge Advisory LLC lifted its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 0.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 110,771 shares of the company’s stock after purchasing an additional 348 shares during the quarter. Invesco RAFI Strategic US ETF comprises approximately 2.7% of Bridge Advisory LLC’s portfolio, making the stock its 10th biggest position. Bridge Advisory LLC owned about 1.03% of Invesco RAFI Strategic US ETF worth $5,572,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IUS. CWM LLC acquired a new stake in Invesco RAFI Strategic US ETF during the second quarter worth about $90,000. Centaurus Financial Inc. bought a new stake in Invesco RAFI Strategic US ETF in the 4th quarter valued at about $103,000. Advisors Preferred LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the first quarter valued at approximately $193,000. Davies Financial Advisors Inc. bought a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at about $239,000. Finally, Cetera Advisors LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the 1st quarter worth approximately $245,000.

Invesco RAFI Strategic US ETF Stock Down 0.2 %

IUS opened at $50.05 on Thursday. Invesco RAFI Strategic US ETF has a fifty-two week low of $38.00 and a fifty-two week high of $50.33. The business has a fifty day simple moving average of $48.71 and a 200-day simple moving average of $47.63. The firm has a market cap of $580.58 million, a PE ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders 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 yield of 1.65%. The ex-dividend date of this dividend was Monday, September 23rd.

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.