Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 24,700 shares, a decline of 5.7% from the March 15th total of 26,200 shares. Based on an average daily trading volume, of 95,300 shares, the short-interest ratio is presently 0.3 days.

Invesco RAFI Strategic US ETF Stock Down 0.2 %

Shares of NASDAQ:IUS opened at $45.66 on Wednesday. The business has a 50-day moving average price of $46.07 and a 200-day moving average price of $43.21. The stock has a market cap of $454.32 million, a price-to-earnings ratio of 20.01 and a beta of 0.96. Invesco RAFI Strategic US ETF has a 52-week low of $37.58 and a 52-week high of $47.66.

Invesco RAFI Strategic US ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.174 per share. The ex-dividend date was Monday, March 18th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.52%.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. PFS Investments Inc. grew its stake in Invesco RAFI Strategic US ETF by 10.4% in the 4th quarter. PFS Investments Inc. now owns 1,693,502 shares of the company’s stock valued at $61,847,000 after acquiring an additional 159,861 shares during the period. LPL Financial LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 44.4% during the 3rd quarter. LPL Financial LLC now owns 537,992 shares of the company’s stock valued at $21,428,000 after acquiring an additional 165,342 shares during the last quarter. Merit Financial Group LLC raised its position in Invesco RAFI Strategic US ETF by 6.6% in the 4th quarter. Merit Financial Group LLC now owns 508,228 shares of the company’s stock valued at $22,006,000 after purchasing an additional 31,417 shares in the last quarter. Aveo Capital Partners LLC grew its position in shares of Invesco RAFI Strategic US ETF by 28.7% during the fourth quarter. Aveo Capital Partners LLC now owns 478,497 shares of the company’s stock worth $20,719,000 after buying an additional 106,659 shares in the last quarter. Finally, McIlrath & Eck LLC increased its stake in shares of Invesco RAFI Strategic US ETF by 23.8% during the fourth quarter. McIlrath & Eck LLC now owns 358,617 shares of the company’s stock worth $13,097,000 after buying an additional 68,963 shares during the period.

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.