RPg Family Wealth Advisory LLC Makes New $6.18 Million Investment in Invesco RAFI Strategic US ETF $IUS

RPg Family Wealth Advisory LLC purchased a new position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 94,243 shares of the company’s stock, valued at approximately $6,180,000.

Other large investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new position in shares of Invesco RAFI Strategic US ETF in the 1st quarter valued at $11,162,000. Betterment LLC acquired a new position in Invesco RAFI Strategic US ETF during the 2nd quarter worth approximately $214,000. McIlrath & Eck LLC boosted 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 valued at $6,654,000 after purchasing an additional 7,922 shares during the period. MML Investors Services LLC boosted its holdings in 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 valued at $6,309,000 after purchasing an additional 27,667 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of 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 Price Performance

Shares of Invesco RAFI Strategic US ETF stock opened at $70.03 on Monday. The business has a 50-day moving average price of $67.76 and a 200 day moving average price of $63.83. Invesco RAFI Strategic US ETF has a fifty-two week low of $53.36 and a fifty-two week high of $70.27. The firm has a market cap of $954.51 million, a P/E ratio of 18.38 and a beta of 0.87.

Invesco RAFI Strategic US ETF Announces Dividend

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

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.