Foguth Wealth Management LLC. Takes $3.01 Million Position in Invesco RAFI Strategic US ETF $IUS

Foguth Wealth Management LLC. purchased a new position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 52,423 shares of the company’s stock, valued at approximately $3,013,000. Foguth Wealth Management LLC. owned approximately 0.43% of Invesco RAFI Strategic US ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. US Bancorp DE acquired a new position in Invesco RAFI Strategic US ETF during the 3rd quarter worth approximately $41,000. Root Financial Partners LLC bought a new stake in shares of Invesco RAFI Strategic US ETF during the third quarter worth $60,000. Corient Private Wealth LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the second quarter worth $208,000. Betterment LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the second quarter worth $214,000. Finally, Richmond Investment Services LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the 2nd quarter valued at $231,000.

Invesco RAFI Strategic US ETF Stock Down 0.1%

NASDAQ IUS opened at $58.19 on Friday. The company has a market cap of $709.92 million, a price-to-earnings ratio of 18.38 and a beta of 0.93. Invesco RAFI Strategic US ETF has a twelve month low of $42.97 and a twelve month high of $60.94. The business’s fifty day moving average is $59.54 and its 200 day moving average is $57.26.

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.