Invesco RAFI Strategic US ETF $IUS Stock Sold by Sigma Planning Corp

Sigma Planning Corp decreased its holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 96.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,078 shares of the company’s stock after selling 288,247 shares during the period. Sigma Planning Corp’s holdings in Invesco RAFI Strategic US ETF were worth $751,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of IUS. Proficio Capital Partners LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF during the 2nd quarter worth $6,288,000. RPg Family Wealth Advisory LLC bought a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter worth approximately $6,180,000. Berkeley Inc lifted its position in Invesco RAFI Strategic US ETF by 13.1% during the third quarter. Berkeley Inc now owns 264,245 shares of the company’s stock valued at $17,919,000 after acquiring an additional 30,512 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in Invesco RAFI Strategic US ETF by 261.8% in the second quarter. Integrated Wealth Concepts LLC now owns 39,988 shares of the company’s stock valued at $2,622,000 after acquiring an additional 28,936 shares in the last quarter. Finally, Alpine Bank Wealth Management boosted its stake in Invesco RAFI Strategic US ETF by 3.3% in the third quarter. Alpine Bank Wealth Management now owns 609,925 shares of the company’s stock valued at $41,361,000 after acquiring an additional 19,335 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Down 0.4%

Shares of IUS stock opened at $70.30 on Friday. Invesco RAFI Strategic US ETF has a 12-month low of $54.53 and a 12-month high of $70.86. The business’s fifty day simple moving average is $69.55 and its 200-day simple moving average is $64.67. The company has a market cap of $1.01 billion, a PE ratio of 18.38 and a beta of 0.87.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.2284 dividend. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.2054. This represents a $0.91 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Monday, September 21st.

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.