242,679 Shares in Invesco RAFI Strategic US ETF (NASDAQ:IUS) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 242,679 shares of the company’s stock, valued at approximately $12,054,000.

Several other large investors have also recently added to or reduced their stakes in the company. Sigma Planning Corp raised its holdings in Invesco RAFI Strategic US ETF by 5.8% during the fourth quarter. Sigma Planning Corp now owns 4,317 shares of the company’s stock worth $214,000 after purchasing an additional 238 shares in the last quarter. FMR LLC increased its holdings in Invesco RAFI Strategic US ETF by 46.0% in the third quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after buying an additional 303 shares in the last quarter. Strategic Blueprint LLC increased its holdings in Invesco RAFI Strategic US ETF by 5.5% in the fourth quarter. Strategic Blueprint LLC now owns 7,590 shares of the company’s stock valued at $377,000 after buying an additional 396 shares in the last quarter. Integrated Wealth Concepts LLC increased 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 valued at $561,000 after buying an additional 456 shares in the last quarter. Finally, Flagstar Advisors Inc. increased its holdings in Invesco RAFI Strategic US ETF by 11.3% in the fourth quarter. Flagstar Advisors Inc. now owns 6,509 shares of the company’s stock valued at $323,000 after buying an additional 661 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Up 1.0 %

Shares of Invesco RAFI Strategic US ETF stock opened at $49.78 on Thursday. Invesco RAFI Strategic US ETF has a 12-month low of $45.07 and a 12-month high of $52.38. The stock has a market cap of $652.12 million, a PE ratio of 20.04 and a beta of 0.96. The company has a 50-day moving average of $50.75 and a two-hundred day moving average of $50.52.

Invesco RAFI Strategic US ETF Dividend Announcement

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