Invesco RAFI Strategic US ETF (NASDAQ:IUS – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $50.36 and last traded at $50.31, with a volume of 10053 shares. The stock had previously closed at $49.96.
Invesco RAFI Strategic US ETF Price Performance
The firm has a market cap of $589.21 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The firm’s fifty day moving average is $48.86 and its 200-day moving average is $47.73.
Invesco RAFI Strategic US ETF Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.207 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. This represents a $0.83 annualized dividend and a dividend yield of 1.64%.
Hedge Funds Weigh In On Invesco RAFI Strategic US ETF
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.
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