Invesco RAFI Strategic US ETF (NASDAQ:IUS) Reaches New 52-Week High at $47.87

Invesco RAFI Strategic US ETF (NASDAQ:IUSGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.87 and last traded at $47.86, with a volume of 83990 shares traded. The stock had previously closed at $47.58.

Invesco RAFI Strategic US ETF Price Performance

The firm has a market capitalization of $504 million, a PE ratio of 19.85 and a beta of 0.96. The firm has a fifty day moving average price of $47.08 and a 200 day moving average price of $45.83.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.1768 per share. This represents a $0.71 annualized dividend and a yield of 1.47%. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.17. The ex-dividend date was Monday, June 24th.

Institutional Trading of Invesco RAFI Strategic US ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC acquired a new position in Invesco RAFI Strategic US ETF in the 2nd quarter worth about $90,000. Cetera Advisors LLC acquired a new position in Invesco RAFI Strategic US ETF in the first quarter worth approximately $245,000. ARQ Wealth Advisors LLC acquired a new stake in Invesco RAFI Strategic US ETF in the first quarter valued at approximately $6,827,000. Osaic Holdings Inc. grew its position in Invesco RAFI Strategic US ETF by 43.8% in the first quarter. Osaic Holdings Inc. now owns 357,733 shares of the company’s stock worth $16,979,000 after acquiring an additional 108,913 shares in the last quarter. Finally, Advisors Preferred LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the 1st quarter worth $193,000.

Invesco RAFI Strategic US ETF Company Profile

(Get Free Report)

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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