Proficio Capital Partners LLC Takes Position in Invesco RAFI Strategic US ETF $IUS

Proficio Capital Partners LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 95,880 shares of the company’s stock, valued at approximately $6,288,000. Proficio Capital Partners LLC owned approximately 0.70% of Invesco RAFI Strategic US ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IUS. US Bancorp DE purchased a new stake in Invesco RAFI Strategic US ETF in the 3rd quarter worth approximately $41,000. Hughes Financial Services LLC grew its position in shares of Invesco RAFI Strategic US ETF by 58.1% during the 4th quarter. Hughes Financial Services LLC now owns 2,553 shares of the company’s stock valued at $146,000 after purchasing an additional 938 shares in the last quarter. Corient Private Wealth LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the second quarter worth $208,000. Betterment LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the second quarter worth $214,000. Finally, Independent Financial Group LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF in the first quarter worth $251,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of IUS stock opened at $69.77 on Tuesday. The company has a market capitalization of $950.97 million, a PE ratio of 18.38 and a beta of 0.87. Invesco RAFI Strategic US ETF has a 52-week low of $53.36 and a 52-week high of $70.27. The business’s fifty day moving average is $67.86 and its 200 day moving average is $63.89.

Invesco RAFI Strategic US ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.2054 per share. This represents a $0.82 dividend on an annualized basis and a dividend 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.