IFG Advisory LLC trimmed its stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS – Free Report) by 80.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,159 shares of the company’s stock after selling 97,501 shares during the quarter. IFG Advisory LLC owned approximately 0.19% of Invesco RAFI Strategic US ETF worth $1,279,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. US Bancorp DE bought a new position in Invesco RAFI Strategic US ETF during the third quarter valued at $41,000. Root Financial Partners LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF during the 3rd quarter valued at approximately $60,000. Corient Private Wealth LLC bought a new position in Invesco RAFI Strategic US ETF in the 2nd quarter worth approximately $208,000. Betterment LLC purchased a new position in Invesco RAFI Strategic US ETF in the 2nd quarter valued at approximately $214,000. Finally, Richmond Investment Services LLC purchased a new position in Invesco RAFI Strategic US ETF in the 2nd quarter valued at approximately $231,000.
Invesco RAFI Strategic US ETF Price Performance
NASDAQ:IUS opened at $59.03 on Friday. Invesco RAFI Strategic US ETF has a 1 year low of $42.97 and a 1 year high of $60.94. The stock’s fifty day moving average price is $59.35 and its two-hundred day moving average price is $56.94. The company has a market cap of $720.17 million, a P/E ratio of 18.38 and a beta of 0.93.
Invesco RAFI Strategic US ETF Cuts Dividend
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.
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