Geneos Wealth Management Inc. Sells 4,561 Shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Geneos Wealth Management Inc. cut its stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 5.9% during the first quarter, HoldingsChannel reports. The firm owned 72,214 shares of the company’s stock after selling 4,561 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco RAFI Strategic US ETF were worth $3,427,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of IUS. Anchor Investment Management LLC purchased a new position in Invesco RAFI Strategic US ETF in the fourth quarter valued at $41,000. Principal Securities Inc. purchased a new position in Invesco RAFI Strategic US ETF during the fourth quarter worth approximately $43,000. Centaurus Financial Inc. purchased a new stake in shares of Invesco RAFI Strategic US ETF in the fourth quarter valued at about $103,000. Global Retirement Partners LLC raised its position in shares of Invesco RAFI Strategic US ETF by 154.6% during the 4th quarter. Global Retirement Partners LLC now owns 4,198 shares of the company’s stock valued at $181,000 after buying an additional 2,549 shares during the period. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the 4th quarter valued at $211,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ:IUS traded up $0.09 during trading on Thursday, hitting $48.07. The company’s stock had a trading volume of 46,797 shares, compared to its average volume of 104,401. Invesco RAFI Strategic US ETF has a fifty-two week low of $38.00 and a fifty-two week high of $48.19. The business has a 50 day moving average price of $47.14 and a two-hundred day moving average price of $45.84. The company has a market capitalization of $504.74 million, a PE ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.1768 per share. The ex-dividend date was Monday, June 24th. This represents a $0.71 dividend on an annualized basis and a yield of 1.47%. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.17.

Invesco RAFI Strategic US ETF 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.