Foguth Wealth Management LLC. Decreases Holdings in Invesco RAFI Strategic US ETF $IUS

Foguth Wealth Management LLC. trimmed its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 38.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,429 shares of the company’s stock after selling 19,994 shares during the period. Foguth Wealth Management LLC. owned about 0.26% of Invesco RAFI Strategic US ETF worth $1,878,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IUS. Flagship Harbor Advisors LLC bought a new position in Invesco RAFI Strategic US ETF during the fourth quarter valued at approximately $25,000. US Bancorp DE purchased a new position in shares of Invesco RAFI Strategic US ETF during the third quarter worth approximately $41,000. Hughes Financial Services LLC lifted its holdings in shares of Invesco RAFI Strategic US ETF by 58.1% in the 4th quarter. Hughes Financial Services LLC now owns 2,553 shares of the company’s stock worth $146,000 after acquiring an additional 938 shares during the last quarter. Corient Private Wealth LLC bought a new stake in shares of Invesco RAFI Strategic US ETF in the 2nd quarter worth approximately $208,000. Finally, Betterment LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF in the 2nd quarter valued at $214,000.

Invesco RAFI Strategic US ETF Stock Performance

IUS stock opened at $67.96 on Friday. Invesco RAFI Strategic US ETF has a 52 week low of $50.96 and a 52 week high of $68.44. The firm’s fifty day moving average is $66.10 and its 200 day moving average is $62.36. The firm has a market cap of $920.86 million, a P/E ratio of 18.38 and a beta of 0.87.

Invesco RAFI Strategic US ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.2054 per share. This represents a $0.82 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, June 22nd.

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.