Dynamic Advisor Solutions LLC Trims Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Dynamic Advisor Solutions LLC trimmed its holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 10.0% in the 4th quarter, Holdings Channel reports. The fund owned 4,570 shares of the company’s stock after selling 510 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Invesco RAFI Strategic US ETF were worth $227,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. FMR LLC boosted its position 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 purchasing an additional 303 shares in the last quarter. Bridge Advisory LLC raised its stake in Invesco RAFI Strategic US ETF by 0.3% during the third quarter. Bridge Advisory LLC now owns 110,771 shares of the company’s stock valued at $5,572,000 after buying an additional 348 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in Invesco RAFI Strategic US ETF by 4.3% in the third quarter. Integrated Wealth Concepts LLC now owns 11,148 shares of the company’s stock worth $561,000 after acquiring an additional 456 shares in the last quarter. Lifeworks Advisors LLC grew its stake in shares of Invesco RAFI Strategic US ETF by 16.6% in the third quarter. Lifeworks Advisors LLC now owns 5,284 shares of the company’s stock worth $266,000 after acquiring an additional 752 shares during the last quarter. Finally, CWM LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 49.7% during the third quarter. CWM LLC now owns 2,827 shares of the company’s stock valued at $142,000 after acquiring an additional 938 shares in the last quarter.

Invesco RAFI Strategic US ETF Price Performance

Shares of Invesco RAFI Strategic US ETF stock opened at $51.59 on Wednesday. Invesco RAFI Strategic US ETF has a 1 year low of $43.75 and a 1 year high of $52.38. The firm’s 50-day moving average is $50.89 and its 200 day moving average is $49.87. The stock has a market cap of $673.25 million, a price-to-earnings ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.1968 dividend. The ex-dividend date of this dividend was Monday, December 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.