IFG Advisory LLC Sells 97,501 Shares of Invesco RAFI Strategic US ETF $IUS

IFG Advisory LLC trimmed its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 80.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,159 shares of the company’s stock after selling 97,501 shares during the quarter. IFG Advisory LLC’s holdings in Invesco RAFI Strategic US ETF were worth $1,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Geneos Wealth Management Inc. lifted its holdings in Invesco RAFI Strategic US ETF by 15.8% in the second quarter. Geneos Wealth Management Inc. now owns 92,682 shares of the company’s stock worth $4,773,000 after buying an additional 12,619 shares during the period. Berkeley Inc grew its holdings in shares of Invesco RAFI Strategic US ETF by 8.4% during the 3rd quarter. Berkeley Inc now owns 116,406 shares of the company’s stock worth $6,427,000 after acquiring an additional 9,016 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Invesco RAFI Strategic US ETF by 12.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 772,489 shares of the company’s stock worth $42,649,000 after acquiring an additional 87,866 shares in the last quarter. CWM LLC lifted its stake in shares of Invesco RAFI Strategic US ETF by 44,648.5% in 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 during the period. Finally, Eagle Strategies LLC bought a new stake in shares of Invesco RAFI Strategic US ETF during the third quarter valued at approximately $1,293,000.

Invesco RAFI Strategic US ETF Price Performance

Shares of NASDAQ IUS opened at $59.03 on Friday. Invesco RAFI Strategic US ETF has a 1 year low of $42.97 and a 1 year high of $60.94. The firm has a 50-day moving average of $59.35 and a 200 day moving average of $56.94. The stock has a market cap of $720.17 million, a P/E ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.2108 dividend. The ex-dividend date was Monday, December 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 1.4%.

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.