Foguth Wealth Management LLC. Sells 19,994 Shares of Invesco RAFI Strategic US ETF $IUS

Foguth Wealth Management LLC. reduced its stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 38.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,429 shares of the company’s stock after selling 19,994 shares during the period. Foguth Wealth Management LLC.’s holdings in Invesco RAFI Strategic US ETF were worth $1,878,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new stake in shares of Invesco RAFI Strategic US ETF during the first quarter valued at approximately $11,162,000. Betterment LLC purchased a new position in shares of Invesco RAFI Strategic US ETF in the second quarter worth $214,000. McIlrath & Eck LLC increased its stake in shares of Invesco RAFI Strategic US ETF by 6.5% in the second quarter. McIlrath & Eck LLC now owns 129,200 shares of the company’s stock worth $6,654,000 after buying an additional 7,922 shares during the period. MML Investors Services LLC increased its stake in shares of Invesco RAFI Strategic US ETF by 29.2% in the second quarter. MML Investors Services LLC now owns 122,507 shares of the company’s stock worth $6,309,000 after buying an additional 27,667 shares during the period. Finally, Orion Porfolio Solutions LLC raised its holdings in Invesco RAFI Strategic US ETF by 372.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 89,882 shares of the company’s stock valued at $4,629,000 after buying an additional 70,871 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Up 0.4%

Shares of IUS opened at $67.96 on Friday. The stock has a market capitalization of $920.86 million, a P/E ratio of 18.38 and a beta of 0.87. The firm has a fifty day simple moving average of $66.10 and a two-hundred day simple moving average of $62.36. Invesco RAFI Strategic US ETF has a twelve month low of $50.96 and a twelve month high of $68.44.

Invesco RAFI Strategic US ETF Announces Dividend

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

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.