Envestnet Asset Management Inc. increased its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS – Free Report) by 12.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 772,489 shares of the company’s stock after buying an additional 87,866 shares during the quarter. Envestnet Asset Management Inc. owned about 0.06% of Invesco RAFI Strategic US ETF worth $42,649,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its stake in shares of Invesco RAFI Strategic US ETF by 15.8% during the second quarter. Geneos Wealth Management Inc. now owns 92,682 shares of the company’s stock valued at $4,773,000 after acquiring an additional 12,619 shares in the last quarter. Berkeley Inc boosted its holdings in Invesco RAFI Strategic US ETF by 8.4% in the third quarter. Berkeley Inc now owns 116,406 shares of the company’s stock valued at $6,427,000 after purchasing an additional 9,016 shares during the last quarter. CWM LLC grew its stake in Invesco RAFI Strategic US ETF by 44,648.5% during the 3rd quarter. CWM LLC now owns 625,584 shares of the company’s stock valued at $34,539,000 after purchasing an additional 624,186 shares in the last quarter. Eagle Strategies LLC purchased a new stake in Invesco RAFI Strategic US ETF during the 3rd quarter worth approximately $1,293,000. Finally, IFG Advisory LLC raised its position in shares of Invesco RAFI Strategic US ETF by 0.5% in the 2nd quarter. IFG Advisory LLC now owns 120,660 shares of the company’s stock valued at $6,214,000 after purchasing an additional 579 shares in the last quarter.
Invesco RAFI Strategic US ETF Trading Down 0.2%
Invesco RAFI Strategic US ETF stock opened at $60.40 on Wednesday. Invesco RAFI Strategic US ETF has a 52 week low of $42.97 and a 52 week high of $60.60. The stock has a market cap of $736.88 million, a P/E ratio of 18.38 and a beta of 0.93. The stock has a 50 day moving average of $58.35 and a 200-day moving average of $56.01.
Invesco RAFI Strategic US ETF Cuts Dividend
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.
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