Kingsview Wealth Management LLC Lowers Stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Kingsview Wealth Management LLC lowered its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUSFree Report) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,986 shares of the company’s stock after selling 2,136 shares during the period. Kingsview Wealth Management LLC owned 1.65% of Invesco RAFI Strategic US ETF worth $4,979,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of IUS. Anchor Investment Management LLC purchased a new stake in Invesco RAFI Strategic US ETF during the fourth quarter worth $41,000. Principal Securities Inc. acquired a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth $43,000. Global Retirement Partners LLC increased its position in shares of Invesco RAFI Strategic US ETF by 154.6% during the fourth quarter. Global Retirement Partners LLC now owns 4,198 shares of the company’s stock worth $181,000 after purchasing an additional 2,549 shares in the last quarter. Dynamic Advisor Solutions LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth $211,000. Finally, Advisors Preferred LLC increased its position in shares of Invesco RAFI Strategic US ETF by 121.9% during the third quarter. Advisors Preferred LLC now owns 6,863 shares of the company’s stock worth $272,000 after purchasing an additional 3,770 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Up 0.2 %

Shares of IUS stock traded up $0.11 during trading hours on Friday, reaching $47.43. 39,914 shares of the company’s stock were exchanged, compared to its average volume of 104,793. The stock’s 50 day moving average is $46.50 and its 200-day moving average is $44.23. The company has a market cap of $535.01 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. Invesco RAFI Strategic US ETF has a fifty-two week low of $37.83 and a fifty-two week high of $47.66.

Invesco RAFI Strategic US ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.174 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco RAFI Strategic US ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco RAFI Strategic US ETF (NASDAQ:IUS)

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