Foguth Wealth Management LLC. Invests $3.01 Million in Invesco RAFI Strategic US ETF $IUS

Foguth Wealth Management LLC. purchased a new stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 52,423 shares of the company’s stock, valued at approximately $3,013,000.

A number of other large investors have also recently bought and sold shares of IUS. Narus Financial Partners LLC bought a new position in shares of Invesco RAFI Strategic US ETF during the 3rd quarter worth approximately $408,000. NewEdge Advisors LLC increased its stake in shares of Invesco RAFI Strategic US ETF by 49.5% in the 3rd quarter. NewEdge Advisors LLC now owns 21,726 shares of the company’s stock valued at $1,199,000 after acquiring an additional 7,196 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Invesco RAFI Strategic US ETF by 38.3% during the 3rd quarter. Bank of America Corp DE now owns 37,560 shares of the company’s stock valued at $2,074,000 after acquiring an additional 10,400 shares during the period. Raymond James Financial Inc. boosted its stake in Invesco RAFI Strategic US ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 259,150 shares of the company’s stock worth $14,308,000 after acquiring an additional 7,724 shares in the last quarter. Finally, PFG Advisors boosted its stake in Invesco RAFI Strategic US ETF by 1.4% during the third quarter. PFG Advisors now owns 94,213 shares of the company’s stock worth $5,201,000 after acquiring an additional 1,294 shares in the last quarter.

Invesco RAFI Strategic US ETF Price Performance

Shares of IUS opened at $58.19 on Friday. Invesco RAFI Strategic US ETF has a one year low of $42.97 and a one year high of $60.94. The company has a market cap of $709.92 million, a PE ratio of 18.38 and a beta of 0.93. The stock has a 50-day moving average of $59.54 and a 200-day moving average of $57.26.

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.