Invesco RAFI Strategic US ETF (NASDAQ:IUS) Sees Unusually-High Trading Volume – Should You Buy?

Invesco RAFI Strategic US ETF (NASDAQ:IUS) saw strong trading volume on Monday . 204,315 shares changed hands during mid-day trading, an increase of 122% from the previous session’s volume of 91,859 shares.The stock last traded at $51.32 and had previously closed at $51.42.

Invesco RAFI Strategic US ETF Stock Performance

The stock’s 50-day simple moving average is $50.88 and its 200-day simple moving average is $49.99. The firm has a market capitalization of $675.57 million, a PE ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.1968 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco RAFI Strategic US ETF

Several institutional investors have recently bought and sold shares of IUS. Sigma Planning Corp boosted its stake in shares of 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 valued at $214,000 after purchasing an additional 238 shares in the last quarter. Flagstar Advisors Inc. boosted its position in shares of Invesco RAFI Strategic US ETF by 11.3% during the 4th quarter. Flagstar Advisors Inc. now owns 6,509 shares of the company’s stock valued at $323,000 after acquiring an additional 661 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Invesco RAFI Strategic US ETF during the fourth quarter valued at about $512,000. Centerpoint Advisory Group purchased a new position in Invesco RAFI Strategic US ETF in the 4th quarter valued at approximately $1,146,000. Finally, AIFG Consultants Ltd. raised its holdings in shares of Invesco RAFI Strategic US ETF by 33.7% in the 4th quarter. AIFG Consultants Ltd. now owns 36,852 shares of the company’s stock valued at $1,830,000 after purchasing an additional 9,280 shares in the last quarter.

Invesco RAFI Strategic US ETF Company 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.