Invesco RAFI Strategic US ETF $IUS Position Lessened by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC decreased its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 91.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,458 shares of the company’s stock after selling 105,745 shares during the period. Kingsview Wealth Management LLC owned 0.08% of Invesco RAFI Strategic US ETF worth $522,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IUS. US Bancorp DE acquired a new stake in shares of Invesco RAFI Strategic US ETF during the 3rd quarter valued at about $41,000. Root Financial Partners LLC acquired a new position in Invesco RAFI Strategic US ETF in the third quarter worth approximately $60,000. Corient Private Wealth LLC bought a new position in Invesco RAFI Strategic US ETF during the second quarter valued at approximately $208,000. Betterment LLC bought a new position in Invesco RAFI Strategic US ETF during the second quarter valued at approximately $214,000. Finally, Richmond Investment Services LLC acquired a new stake in Invesco RAFI Strategic US ETF in the second quarter valued at approximately $231,000.

Invesco RAFI Strategic US ETF Stock Down 1.1%

IUS stock opened at $59.03 on Friday. The company has a market capitalization of $720.17 million, a price-to-earnings ratio of 18.38 and a beta of 0.93. Invesco RAFI Strategic US ETF has a 12 month low of $42.97 and a 12 month high of $60.94. The firm has a 50 day moving average of $59.35 and a two-hundred day moving average of $56.96.

Invesco RAFI Strategic US ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.2108 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.4%. 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.