Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 10,400 shares, a decline of 23.5% from the February 28th total of 13,600 shares. Based on an average daily volume of 90,400 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Invesco RAFI Strategic US ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC grew its holdings in Invesco RAFI Strategic US ETF by 46.0% during the 3rd quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after buying an additional 303 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Invesco RAFI Strategic US ETF by 4.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 11,148 shares of the company’s stock worth $561,000 after purchasing an additional 456 shares in the last quarter. World Investment Advisors LLC acquired a new position in Invesco RAFI Strategic US ETF in the 3rd quarter valued at about $152,410,000. MML Investors Services LLC lifted its holdings in Invesco RAFI Strategic US ETF by 41.3% in the 3rd quarter. MML Investors Services LLC now owns 110,730 shares of the company’s stock valued at $5,570,000 after purchasing an additional 32,342 shares in the last quarter. Finally, McIlrath & Eck LLC boosted its stake in shares of Invesco RAFI Strategic US ETF by 6.5% during the 3rd quarter. McIlrath & Eck LLC now owns 119,585 shares of the company’s stock worth $6,015,000 after purchasing an additional 7,289 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Invesco RAFI Strategic US ETF stock opened at $48.94 on Monday. The firm has a market capitalization of $641.11 million, a price-to-earnings ratio of 19.74 and a beta of 0.96. Invesco RAFI Strategic US ETF has a fifty-two week low of $45.07 and a fifty-two week high of $52.38. The stock’s fifty day moving average is $50.69 and its two-hundred day moving average is $50.58.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.2128 per share. This is an increase from Invesco RAFI Strategic US ETF’s previous dividend of $0.20. The ex-dividend date was Monday, March 24th.

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.