Davies Financial Advisors Inc. Grows Stock Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Davies Financial Advisors Inc. lifted its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 19.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,334 shares of the company’s stock after purchasing an additional 3,201 shares during the quarter. Invesco RAFI Strategic US ETF comprises about 0.8% of Davies Financial Advisors Inc.’s investment portfolio, making the stock its 29th biggest position. Davies Financial Advisors Inc. owned about 0.15% of Invesco RAFI Strategic US ETF worth $960,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IUS. FMR LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 46.0% in the third quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after acquiring an additional 303 shares during the last quarter. CWM LLC raised its stake in Invesco RAFI Strategic US ETF by 49.7% during the third quarter. CWM LLC now owns 2,827 shares of the company’s stock worth $142,000 after purchasing an additional 938 shares during the period. Sigma Planning Corp acquired a new position in shares of Invesco RAFI Strategic US ETF in the 3rd quarter valued at $205,000. AllGen Financial Advisors Inc. purchased a new stake in shares of Invesco RAFI Strategic US ETF during the 3rd quarter valued at $235,000. Finally, Dynamic Advisor Solutions LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 19.4% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 5,080 shares of the company’s stock worth $256,000 after buying an additional 827 shares during the last quarter.

Invesco RAFI Strategic US ETF Trading Up 0.7 %

Shares of IUS opened at $50.90 on Tuesday. Invesco RAFI Strategic US ETF has a twelve month low of $42.66 and a twelve month high of $52.38. The firm has a market capitalization of $648.98 million, a P/E ratio of 19.85 and a beta of 0.96. The stock’s fifty day simple moving average is $50.88 and its 200 day simple moving average is $49.72.

Invesco RAFI Strategic US ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.1968 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.