Synergy Investment Management LLC Acquires Shares of 12,508 Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Synergy Investment Management LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,508 shares of the company’s stock, valued at approximately $621,000. Synergy Investment Management LLC owned approximately 0.10% of Invesco RAFI Strategic US ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Steward Partners Investment Advisory LLC acquired a new stake in Invesco RAFI Strategic US ETF in the 4th quarter valued at $645,000. Sigma Planning Corp lifted its stake in shares of Invesco RAFI Strategic US ETF by 5.8% in the fourth quarter. Sigma Planning Corp now owns 4,317 shares of the company’s stock valued at $214,000 after buying an additional 238 shares in the last quarter. Flagstar Advisors Inc. grew its holdings in shares of Invesco RAFI Strategic US ETF by 11.3% during the fourth quarter. Flagstar Advisors Inc. now owns 6,509 shares of the company’s stock valued at $323,000 after buying an additional 661 shares during the last quarter. Allworth Financial LP bought a new stake in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth about $512,000. Finally, Centerpoint Advisory Group bought a new stake in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth about $1,146,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ IUS opened at $50.59 on Tuesday. The stock has a market cap of $662.73 million, a price-to-earnings ratio of 20.58 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 firm’s 50-day simple moving average is $50.88 and its 200 day simple moving average is $50.49.

Invesco RAFI Strategic US ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.1968 dividend. The ex-dividend date was Monday, December 23rd.

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.