Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Down 51.1% in June

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 42,691 shares, a decline of 51.1% from the June 15th total of 87,300 shares. Based on an average trading volume of 34,872 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of Invesco RAFI Strategic US ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its stake in shares of Invesco RAFI Strategic US ETF by 11,234.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 671,230 shares of the company’s stock worth $38,368,000 after buying an additional 665,308 shares in the last quarter. CWM LLC increased its position in shares of Invesco RAFI Strategic US ETF by 6.8% during the fourth quarter. CWM LLC now owns 667,862 shares of the company’s stock valued at $38,175,000 after acquiring an additional 42,278 shares in the last quarter. Intelligence Driven Advisers LLC raised its holdings in Invesco RAFI Strategic US ETF by 0.8% in the 4th quarter. Intelligence Driven Advisers LLC now owns 662,742 shares of the company’s stock worth $37,883,000 after acquiring an additional 4,983 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Invesco RAFI Strategic US ETF by 2.4% in the 4th quarter. Osaic Holdings Inc. now owns 493,937 shares of the company’s stock worth $28,235,000 after acquiring an additional 11,666 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its position in Invesco RAFI Strategic US ETF by 6.5% in the 1st quarter. Kestra Advisory Services LLC now owns 270,283 shares of the company’s stock valued at $15,653,000 after acquiring an additional 16,427 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Up 0.6%

NASDAQ IUS opened at $67.30 on Friday. Invesco RAFI Strategic US ETF has a 12 month low of $50.96 and a 12 month high of $67.47. The stock has a market cap of $900.47 million, a P/E ratio of 18.38 and a beta of 0.87. The stock’s fifty day moving average price is $65.49 and its 200-day moving average price is $61.67.

Invesco RAFI Strategic US ETF Dividend Announcement

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

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.