Invesco RAFI Strategic US ETF (NASDAQ:IUS) Position Increased by LPL Financial LLC

LPL Financial LLC grew its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,033,281 shares of the company’s stock after purchasing an additional 57,606 shares during the period. LPL Financial LLC owned 0.08% of Invesco RAFI Strategic US ETF worth $51,323,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. World Investment Advisors LLC bought a new position in Invesco RAFI Strategic US ETF during the 3rd quarter worth $152,410,000. Merit Financial Group LLC grew its position in shares of Invesco RAFI Strategic US ETF by 32.5% during the fourth quarter. Merit Financial Group LLC now owns 286,049 shares of the company’s stock worth $14,208,000 after acquiring an additional 70,227 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth about $12,054,000. Lighthouse Wealth Management Inc. acquired a new stake in shares of Invesco RAFI Strategic US ETF in the 4th quarter worth about $8,470,000. Finally, McIlrath & Eck LLC lifted its position in Invesco RAFI Strategic US ETF by 6.5% in the 3rd quarter. McIlrath & Eck LLC now owns 119,585 shares of the company’s stock valued at $6,015,000 after purchasing an additional 7,289 shares during the last quarter.

Invesco RAFI Strategic US ETF Trading Down 0.2 %

NASDAQ IUS opened at $49.77 on Friday. The company has a 50-day moving average price of $50.73 and a two-hundred day moving average price of $50.55. Invesco RAFI Strategic US ETF has a 52 week low of $45.07 and a 52 week high of $52.38. The stock has a market cap of $613.66 million, a price-to-earnings ratio of 19.74 and a beta of 0.98.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.2128 dividend. This is a positive change from Invesco RAFI Strategic US ETF’s previous dividend of $0.20. The ex-dividend date is Monday, March 24th.

Invesco RAFI Strategic US ETF 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.