Lokken Investment Group LLC Acquires New Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Lokken Investment Group LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 4,996 shares of the company’s stock, valued at approximately $248,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. FMR LLC boosted its position in Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after purchasing an additional 303 shares in the last quarter. Sigma Planning Corp raised its stake in shares of Invesco RAFI Strategic US ETF by 5.8% during the 4th quarter. Sigma Planning Corp now owns 4,317 shares of the company’s stock worth $214,000 after buying an additional 238 shares during the last quarter. M.E. Allison & CO. Inc. purchased a new stake in shares of Invesco RAFI Strategic US ETF in the 4th quarter worth about $273,000. Flagstar Advisors Inc. grew its stake in Invesco RAFI Strategic US ETF by 11.3% in the 4th quarter. Flagstar Advisors Inc. now owns 6,509 shares of the company’s stock valued at $323,000 after acquiring an additional 661 shares during the last quarter. Finally, Strategic Blueprint LLC increased its holdings in Invesco RAFI Strategic US ETF by 5.5% during the 4th quarter. Strategic Blueprint LLC now owns 7,590 shares of the company’s stock valued at $377,000 after acquiring an additional 396 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Up 0.9 %

Shares of IUS opened at $49.36 on Tuesday. Invesco RAFI Strategic US ETF has a 12-month low of $45.07 and a 12-month high of $52.38. The stock has a market cap of $646.62 million, a P/E ratio of 19.74 and a beta of 0.96. The company has a 50-day moving average of $50.66 and a two-hundred day moving average of $50.59.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.2128 per share. This is an increase from Invesco RAFI Strategic US ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 24th.

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.