Invesco RAFI Strategic US ETF $IUS Stock: Sigma Planning Corp Lowers Stake

Sigma Planning Corp trimmed its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 96.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,078 shares of the company’s stock after selling 288,247 shares during the quarter. Sigma Planning Corp owned 0.08% of Invesco RAFI Strategic US ETF worth $751,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IUS. Alpine Bank Wealth Management lifted its stake in Invesco RAFI Strategic US ETF by 3.3% in the third quarter. Alpine Bank Wealth Management now owns 609,925 shares of the company’s stock worth $41,361,000 after purchasing an additional 19,335 shares during the last quarter. Intelligence Driven Advisers LLC grew its position in Invesco RAFI Strategic US ETF by 1.1% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 565,669 shares of the company’s stock valued at $38,360,000 after acquiring an additional 5,966 shares during the last quarter. Kestra Advisory Services LLC grew its position in Invesco RAFI Strategic US ETF by 6.5% in the 1st quarter. Kestra Advisory Services LLC now owns 270,283 shares of the company’s stock valued at $15,653,000 after acquiring an additional 16,427 shares during the last quarter. Berkeley Inc increased its stake in Invesco RAFI Strategic US ETF by 13.1% in the third quarter. Berkeley Inc now owns 264,245 shares of the company’s stock worth $17,919,000 after purchasing an additional 30,512 shares during the period. Finally, ARQ Wealth Advisors LLC increased its stake in Invesco RAFI Strategic US ETF by 3.3% in the first quarter. ARQ Wealth Advisors LLC now owns 203,325 shares of the company’s stock worth $11,775,000 after purchasing an additional 6,533 shares during the period.

Invesco RAFI Strategic US ETF Trading Down 0.4%

NASDAQ IUS opened at $70.30 on Friday. The company’s 50-day moving average price is $69.55 and its 200-day moving average price is $64.67. The stock has a market cap of $1.01 billion, a PE ratio of 18.38 and a beta of 0.87. Invesco RAFI Strategic US ETF has a 12 month low of $54.53 and a 12 month high of $70.86.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a dividend of $0.2284 per share. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.2054. This represents a $0.91 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, September 21st.

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.