Invesco RAFI Strategic US ETF $IUS is Intelligence Driven Advisers LLC’s 7th Largest Position

Intelligence Driven Advisers LLC cut its holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 17.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 550,031 shares of the company’s stock after selling 112,711 shares during the period. Invesco RAFI Strategic US ETF comprises 5.6% of Intelligence Driven Advisers LLC’s holdings, making the stock its 7th largest holding. Intelligence Driven Advisers LLC owned approximately 4.35% of Invesco RAFI Strategic US ETF worth $31,854,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Flagship Harbor Advisors LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the 4th quarter valued at about $25,000. US Bancorp DE bought a new stake in Invesco RAFI Strategic US ETF during the third quarter worth approximately $41,000. Hughes Financial Services LLC increased its stake in Invesco RAFI Strategic US ETF by 58.1% during the fourth quarter. Hughes Financial Services LLC now owns 2,553 shares of the company’s stock worth $146,000 after acquiring an additional 938 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in Invesco RAFI Strategic US ETF during the second quarter valued at approximately $208,000. Finally, Betterment LLC purchased a new stake in Invesco RAFI Strategic US ETF during the second quarter valued at approximately $214,000.

Invesco RAFI Strategic US ETF Price Performance

NASDAQ:IUS opened at $66.89 on Monday. The firm has a market capitalization of $901.68 million, a price-to-earnings ratio of 18.38 and a beta of 0.87. The business has a 50 day simple moving average of $65.78 and a 200-day simple moving average of $62.06. Invesco RAFI Strategic US ETF has a 1 year low of $50.96 and a 1 year high of $67.47.

Invesco RAFI Strategic US ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given 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.