5,326 Shares in Invesco RAFI Strategic US ETF (NASDAQ:IUS) Purchased by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC bought a new stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,326 shares of the company’s stock, valued at approximately $252,000.

A number of other large investors also recently made changes to their positions in IUS. CoreCap Advisors LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at $1,483,000. LPL Financial LLC grew its stake in Invesco RAFI Strategic US ETF by 35.8% in the second quarter. LPL Financial LLC now owns 824,299 shares of the company’s stock valued at $39,097,000 after purchasing an additional 217,384 shares in the last quarter. Intelligence Driven Advisers LLC grew its stake in Invesco RAFI Strategic US ETF by 52.1% in the second quarter. Intelligence Driven Advisers LLC now owns 360,471 shares of the company’s stock valued at $17,097,000 after purchasing an additional 123,440 shares in the last quarter. Larson Financial Group LLC acquired a new position in Invesco RAFI Strategic US ETF in the 2nd quarter worth about $682,000. Finally, Aveo Capital Partners LLC raised its stake in shares of Invesco RAFI Strategic US ETF by 5.0% during the 2nd quarter. Aveo Capital Partners LLC now owns 516,023 shares of the company’s stock worth $24,475,000 after purchasing an additional 24,801 shares in the last quarter.

Invesco RAFI Strategic US ETF Stock Up 0.1 %

IUS stock opened at $49.48 on Wednesday. The company has a market capitalization of $533.39 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The firm has a 50 day moving average of $48.37 and a two-hundred day moving average of $47.34. Invesco RAFI Strategic US ETF has a 12 month low of $38.00 and a 12 month high of $49.68.

Invesco RAFI Strategic US ETF Increases Dividend

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