Invesco RAFI Strategic US ETF $IUS Stock Holdings Boosted by McIlrath & Eck LLC

McIlrath & Eck LLC raised its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 9.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 149,237 shares of the company’s stock after purchasing an additional 13,119 shares during the quarter. Invesco RAFI Strategic US ETF comprises 0.8% of McIlrath & Eck LLC’s portfolio, making the stock its 29th largest holding. McIlrath & Eck LLC owned about 1.22% of Invesco RAFI Strategic US ETF worth $8,530,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IUS. Goldman Sachs Group Inc. bought a new position in Invesco RAFI Strategic US ETF during the 1st quarter valued at $11,162,000. Betterment LLC bought a new position in Invesco RAFI Strategic US ETF during the 2nd quarter valued at $214,000. MML Investors Services LLC boosted its stake in Invesco RAFI Strategic US ETF by 29.2% during the 2nd quarter. MML Investors Services LLC now owns 122,507 shares of the company’s stock valued at $6,309,000 after purchasing an additional 27,667 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake 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 purchasing an additional 70,871 shares in the last quarter. Finally, Corient Private Wealth LLC bought a new position in Invesco RAFI Strategic US ETF during the 2nd quarter valued at $208,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ IUS opened at $63.43 on Wednesday. The stock has a fifty day moving average price of $59.76 and a two-hundred day moving average price of $58.40. The firm has a market cap of $801.12 million, a P/E ratio of 18.38 and a beta of 0.87. Invesco RAFI Strategic US ETF has a 1 year low of $47.91 and a 1 year high of $63.55.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.2147 per share. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, March 23rd. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.4%.

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.