Berkeley Inc Acquires 9,016 Shares of Invesco RAFI Strategic US ETF $IUS

Berkeley Inc grew its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 8.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 116,406 shares of the company’s stock after acquiring an additional 9,016 shares during the quarter. Invesco RAFI Strategic US ETF accounts for approximately 2.1% of Berkeley Inc’s holdings, making the stock its 21st biggest holding. Berkeley Inc’s holdings in Invesco RAFI Strategic US ETF were worth $6,427,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IUS. Envestnet Asset Management Inc. grew its holdings in shares of Invesco RAFI Strategic US ETF by 81.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 684,623 shares of the company’s stock valued at $35,258,000 after purchasing an additional 306,778 shares during the last quarter. CWM LLC boosted its position in Invesco RAFI Strategic US ETF by 44,648.5% during the third quarter. CWM LLC now owns 625,584 shares of the company’s stock valued at $34,539,000 after buying an additional 624,186 shares during the period. Merit Financial Group LLC boosted its position in Invesco RAFI Strategic US ETF by 2.2% during the third quarter. Merit Financial Group LLC now owns 241,858 shares of the company’s stock valued at $13,353,000 after buying an additional 5,238 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of Invesco RAFI Strategic US ETF during the first quarter valued at about $11,162,000. Finally, McIlrath & Eck LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 5.4% in the third quarter. McIlrath & Eck LLC now owns 136,118 shares of the company’s stock worth $7,515,000 after buying an additional 6,918 shares during the period.

Invesco RAFI Strategic US ETF Trading Down 1.5%

NASDAQ IUS opened at $58.04 on Wednesday. The firm has a market cap of $704.03 million, a PE 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 $59.34. The stock has a 50-day moving average of $57.32 and a 200-day moving average of $55.21.

Invesco RAFI Strategic US ETF Cuts Dividend

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

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.