Invesco RAFI Strategic US ETF $IUS Shares Bought by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. grew its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 13.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 105,478 shares of the company’s stock after buying an additional 12,796 shares during the period. Geneos Wealth Management Inc. owned 0.87% of Invesco RAFI Strategic US ETF worth $5,823,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IUS. Envestnet Asset Management Inc. grew its position in Invesco RAFI Strategic US ETF by 81.2% during the second quarter. Envestnet Asset Management Inc. now owns 684,623 shares of the company’s stock valued at $35,258,000 after acquiring an additional 306,778 shares during the period. CWM LLC grew its holdings in shares of Invesco RAFI Strategic US ETF by 44,648.5% during the 3rd quarter. CWM LLC now owns 625,584 shares of the company’s stock worth $34,539,000 after purchasing an additional 624,186 shares during the period. Intelligence Driven Advisers LLC increased its position in Invesco RAFI Strategic US ETF by 42.6% during the 2nd quarter. Intelligence Driven Advisers LLC now owns 553,625 shares of the company’s stock worth $28,512,000 after purchasing an additional 165,359 shares in the last quarter. Merit Financial Group LLC increased its position in Invesco RAFI Strategic US ETF by 2.2% during the 3rd quarter. Merit Financial Group LLC now owns 241,858 shares of the company’s stock worth $13,353,000 after purchasing an additional 5,238 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in Invesco RAFI Strategic US ETF in the first quarter valued at approximately $11,162,000.

Invesco RAFI Strategic US ETF Stock Up 0.6%

Shares of IUS stock opened at $58.34 on Wednesday. Invesco RAFI Strategic US ETF has a fifty-two week low of $42.97 and a fifty-two week high of $58.37. The firm’s 50 day moving average price is $56.77 and its two-hundred day moving average price is $54.70. The stock has a market cap of $711.75 million, a price-to-earnings ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.2108 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, December 22nd.

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.