Sanctuary Advisors LLC Takes Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Sanctuary Advisors LLC acquired a new position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,715 shares of the company’s stock, valued at approximately $584,000. Sanctuary Advisors LLC owned about 0.12% of Invesco RAFI Strategic US ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IUS. CWM LLC purchased a new position in shares of Invesco RAFI Strategic US ETF in the second quarter worth $90,000. Centaurus Financial Inc. bought a new position in Invesco RAFI Strategic US ETF during the 4th quarter valued at about $103,000. Advisors Preferred LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF during the 1st quarter valued at about $193,000. Davies Financial Advisors Inc. bought a new stake in shares of Invesco RAFI Strategic US ETF in the second quarter worth approximately $239,000. Finally, Cetera Advisors LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the first quarter valued at approximately $245,000.

Invesco RAFI Strategic US ETF Stock Up 0.7 %

Shares of Invesco RAFI Strategic US ETF stock opened at $50.83 on Tuesday. Invesco RAFI Strategic US ETF has a twelve month low of $38.00 and a twelve month high of $50.85. The company has a market cap of $596.24 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The company’s 50 day moving average is $49.09 and its 200 day moving average is $47.82.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.207 dividend. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend was Monday, September 23rd.

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.