Proficio Capital Partners LLC Buys New Shares in Invesco RAFI Strategic US ETF $IUS

Proficio Capital Partners LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 95,880 shares of the company’s stock, valued at approximately $6,288,000.

Several other hedge funds have also recently added to or reduced their stakes in IUS. US Bancorp DE purchased a new position in shares of Invesco RAFI Strategic US ETF in the 3rd quarter worth about $41,000. Hughes Financial Services LLC increased its position in shares of Invesco RAFI Strategic US ETF by 58.1% during the 4th quarter. Hughes Financial Services LLC now owns 2,553 shares of the company’s stock valued at $146,000 after purchasing an additional 938 shares during the last quarter. Corient Private Wealth LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at about $208,000. Betterment LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at about $214,000. Finally, Independent Financial Group LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the 1st quarter valued at about $251,000.

Invesco RAFI Strategic US ETF Price Performance

NASDAQ:IUS opened at $69.77 on Tuesday. The company has a market capitalization of $950.97 million, a price-to-earnings ratio of 18.38 and a beta of 0.87. The business has a 50 day moving average of $67.86 and a 200 day moving average of $63.89. Invesco RAFI Strategic US ETF has a 1-year low of $53.36 and a 1-year high of $70.27.

Invesco RAFI Strategic US ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.2054 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.82 annualized dividend and a dividend yield of 1.2%.

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.