Larson Financial Group LLC Grows Stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Larson Financial Group LLC increased its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 7.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,412 shares of the company’s stock after acquiring an additional 1,036 shares during the period. Larson Financial Group LLC owned about 0.13% of Invesco RAFI Strategic US ETF worth $775,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. ARQ Wealth Advisors LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the 1st quarter worth $6,827,000. Cetera Advisors LLC purchased a new stake in Invesco RAFI Strategic US ETF in the first quarter worth about $245,000. CWM LLC bought a new position in shares of Invesco RAFI Strategic US ETF in the second quarter worth about $90,000. RFG Advisory LLC purchased a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at about $290,000. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco RAFI Strategic US ETF by 0.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 249,391 shares of the company’s stock valued at $11,829,000 after acquiring an additional 1,859 shares during the period.

Invesco RAFI Strategic US ETF Trading Up 0.6 %

NASDAQ IUS opened at $52.10 on Tuesday. Invesco RAFI Strategic US ETF has a 12 month low of $41.22 and a 12 month high of $52.31. The stock has a market cap of $614.78 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The company’s 50 day moving average is $50.44 and its two-hundred day moving average is $48.75.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.207 per share. This represents a $0.83 annualized dividend and a dividend yield of 1.59%. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, September 23rd.

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.