Invesco RAFI Strategic US ETF (NASDAQ:IUS) Stock Holdings Trimmed by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. trimmed its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,250 shares of the company’s stock after selling 6,968 shares during the quarter. Invesco RAFI Strategic US ETF accounts for about 2.1% of Prosperity Wealth Management Inc.’s portfolio, making the stock its 10th largest position. Prosperity Wealth Management Inc.’s holdings in Invesco RAFI Strategic US ETF were worth $3,172,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. purchased a new stake in Invesco RAFI Strategic US ETF during the 1st quarter valued at about $32,000. Anchor Investment Management LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter valued at approximately $41,000. UBS Group AG acquired a new stake in shares of Invesco RAFI Strategic US ETF in the first quarter valued at approximately $51,000. Global Retirement Partners LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 64.4% in the third quarter. Global Retirement Partners LLC now owns 1,649 shares of the company’s stock valued at $65,000 after purchasing an additional 646 shares during the last quarter. Finally, Centaurus Financial Inc. acquired a new stake in Invesco RAFI Strategic US ETF during the second quarter worth $100,000.

Invesco RAFI Strategic US ETF Trading Down 0.7 %

IUS stock traded down $0.30 during midday trading on Wednesday, hitting $45.36. 22,509 shares of the company’s stock were exchanged, compared to its average volume of 108,833. The business has a 50-day simple moving average of $46.07 and a two-hundred day simple moving average of $43.21. The stock has a market capitalization of $451.33 million, a PE ratio of 20.01 and a beta of 0.96. Invesco RAFI Strategic US ETF has a 1-year low of $37.58 and a 1-year high of $47.66.

Invesco RAFI Strategic US ETF Announces Dividend

The firm also recently announced 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 of this dividend was Monday, March 18th. This represents a $0.70 annualized dividend and a yield of 1.53%.

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.