Shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $59.94 and last traded at $59.87, with a volume of 59183 shares trading hands. The stock had previously closed at $59.39.
Invesco RAFI Strategic US ETF Trading Up 0.2%
The firm has a market cap of $732.24 million, a P/E ratio of 18.38 and a beta of 0.93. The firm’s 50 day moving average is $58.11 and its two-hundred day moving average is $55.77.
Invesco RAFI Strategic US ETF Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.2108 per share. This represents a $0.84 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, December 22nd.
Institutional Investors Weigh In On Invesco RAFI Strategic US ETF
Invesco RAFI Strategic US ETF Company Profile
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.
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