Invesco RAFI Strategic US ETF (NASDAQ:IUS) Sets New 1-Year High at $49.66

Invesco RAFI Strategic US ETF (NASDAQ:IUS)’s share price reached a new 52-week high on Tuesday . The company traded as high as $49.66 and last traded at $49.61, with a volume of 1851 shares trading hands. The stock had previously closed at $49.42.

Invesco RAFI Strategic US ETF Trading Down 0.0 %

The stock has a market capitalization of $533.29 million, a P/E ratio of 19.85 and a beta of 0.96. The stock’s 50-day moving average price is $48.40 and its two-hundred day moving average price is $47.35.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.1768 dividend. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.17. This represents a $0.71 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Aveo Capital Partners LLC increased its holdings in Invesco RAFI Strategic US ETF by 28.7% in the 4th quarter. Aveo Capital Partners LLC now owns 478,497 shares of the company’s stock worth $20,719,000 after acquiring an additional 106,659 shares during the last quarter. Centaurus Financial Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF in the fourth quarter valued at approximately $103,000. Avantax Advisory Services Inc. purchased a new stake in shares of Invesco RAFI Strategic US ETF during the 1st quarter valued at approximately $257,000. Thoroughbred Financial Services LLC purchased a new position in Invesco RAFI Strategic US ETF in the 2nd quarter valued at approximately $252,000. Finally, Cetera Advisors LLC purchased a new position in Invesco RAFI Strategic US ETF in the 1st quarter valued at approximately $245,000.

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.