Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,466 shares, a decline of 39.2% from the December 15th total of 7,341 shares. Based on an average trading volume of 25,819 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 25,819 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Invesco RAFI Strategic US ETF

Several hedge funds have recently made changes to their positions in the business. CWM LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 44,648.5% during the third quarter. CWM LLC now owns 625,584 shares of the company’s stock valued at $34,539,000 after buying an additional 624,186 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Invesco RAFI Strategic US ETF by 81.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 684,623 shares of the company’s stock valued at $35,258,000 after acquiring an additional 306,778 shares during the period. Goldman Sachs Group Inc. purchased a new position in Invesco RAFI Strategic US ETF during the 1st quarter valued at $11,162,000. Intelligence Driven Advisers LLC grew its position in Invesco RAFI Strategic US ETF by 18.8% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 657,759 shares of the company’s stock valued at $36,315,000 after acquiring an additional 104,134 shares during the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in Invesco RAFI Strategic US ETF by 372.8% in the second quarter. Orion Porfolio Solutions LLC now owns 89,882 shares of the company’s stock worth $4,629,000 after purchasing an additional 70,871 shares during the period.

Invesco RAFI Strategic US ETF Price Performance

Shares of NASDAQ IUS traded down $0.20 during midday trading on Friday, reaching $58.96. 32,861 shares of the stock traded hands, compared to its average volume of 50,115. The company’s 50 day moving average is $57.24 and its 200 day moving average is $55.13. Invesco RAFI Strategic US ETF has a one year low of $42.97 and a one year high of $59.34. The stock has a market capitalization of $715.15 million, a PE ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.2108 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, December 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.