Invesco RAFI Strategic US ETF $IUS Stock: Berkeley Inc Grows Position

Berkeley Inc boosted its holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 13.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 264,245 shares of the company’s stock after purchasing an additional 30,512 shares during the quarter. Invesco RAFI Strategic US ETF comprises 5.6% of Berkeley Inc’s investment portfolio, making the stock its 3rd largest holding. Berkeley Inc owned 1.87% of Invesco RAFI Strategic US ETF worth $17,919,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. First PREMIER Bank acquired a new position in Invesco RAFI Strategic US ETF in the second quarter valued at $41,000. Independent Financial Group LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF during the first quarter worth about $251,000. Fermata Advisors LLC boosted its stake in shares of Invesco RAFI Strategic US ETF by 3.2% during the third quarter. Fermata Advisors LLC now owns 7,636 shares of the company’s stock worth $518,000 after buying an additional 239 shares during the period. Royal Bank of Canada grew its holdings in shares of Invesco RAFI Strategic US ETF by 60.3% during the first quarter. Royal Bank of Canada now owns 11,430 shares of the company’s stock worth $662,000 after buying an additional 4,299 shares during the last quarter. Finally, RVW Wealth LLC grew its holdings in shares of Invesco RAFI Strategic US ETF by 3.9% during the second quarter. RVW Wealth LLC now owns 14,024 shares of the company’s stock worth $920,000 after buying an additional 527 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Up 0.7%

Shares of IUS stock opened at $70.69 on Wednesday. The stock has a market capitalization of $998.85 million, a PE ratio of 18.38 and a beta of 0.87. Invesco RAFI Strategic US ETF has a 52-week low of $54.53 and a 52-week high of $70.82. The stock’s 50-day moving average price is $69.43 and its 200 day moving average price is $66.46.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.2284 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.2054. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.3%.

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.