Cwm LLC Raises Holdings in Invesco RAFI Strategic US ETF $IUS

Cwm LLC boosted its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 44,648.5% in the 3rd quarter, Holdings Channel reports. The firm owned 625,584 shares of the company’s stock after acquiring an additional 624,186 shares during the quarter. Cwm LLC owned 0.05% of Invesco RAFI Strategic US ETF worth $34,539,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IUS. Raymond James Financial Inc. grew its holdings in shares of Invesco RAFI Strategic US ETF by 3.9% during the first quarter. Raymond James Financial Inc. now owns 252,259 shares of the company’s stock worth $12,451,000 after buying an additional 9,580 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Invesco RAFI Strategic US ETF during the first quarter worth about $11,162,000. Nova Wealth Management Inc. grew its stake in Invesco RAFI Strategic US ETF by 6.3% during the 1st quarter. Nova Wealth Management Inc. now owns 33,062 shares of the company’s stock valued at $1,632,000 after acquiring an additional 1,966 shares in the last quarter. Breakwater Capital Group raised its holdings in Invesco RAFI Strategic US ETF by 71.9% in the 2nd quarter. Breakwater Capital Group now owns 26,395 shares of the company’s stock valued at $1,359,000 after acquiring an additional 11,036 shares during the last quarter. Finally, Intelligence Driven Advisers LLC lifted its stake in Invesco RAFI Strategic US ETF by 42.6% in the 2nd quarter. Intelligence Driven Advisers LLC now owns 553,625 shares of the company’s stock worth $28,512,000 after purchasing an additional 165,359 shares in the last quarter.

Invesco RAFI Strategic US ETF Price Performance

Shares of Invesco RAFI Strategic US ETF stock opened at $57.59 on Friday. The stock’s 50 day simple moving average is $56.56 and its 200-day simple moving average is $54.30. The stock has a market cap of $702.60 million, a P/E ratio of 18.38 and a beta of 0.93. Invesco RAFI Strategic US ETF has a 1-year low of $42.97 and a 1-year high of $58.01.

Invesco RAFI Strategic US ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.2108 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 1.5%.

Invesco RAFI Strategic US ETF 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.