Integrated Wealth Concepts LLC Increases Stock Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Integrated Wealth Concepts LLC lifted its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 4.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,148 shares of the company’s stock after buying an additional 456 shares during the quarter. Integrated Wealth Concepts LLC owned 0.09% of Invesco RAFI Strategic US ETF worth $561,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Cetera Advisors LLC acquired a new stake in Invesco RAFI Strategic US ETF during the 1st quarter valued at approximately $245,000. CWM LLC acquired a new stake in Invesco RAFI Strategic US ETF during the 2nd quarter valued at approximately $90,000. RFG Advisory LLC acquired a new stake in Invesco RAFI Strategic US ETF during the 2nd quarter valued at approximately $290,000. Raymond James Financial Services Advisors Inc. grew its stake in 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 purchasing an additional 1,859 shares in the last quarter. Finally, Bridge Advisory LLC acquired a new stake in Invesco RAFI Strategic US ETF during the 2nd quarter valued at approximately $5,237,000.

Invesco RAFI Strategic US ETF Stock Down 0.2 %

Shares of NASDAQ IUS opened at $51.64 on Wednesday. Invesco RAFI Strategic US ETF has a fifty-two week low of $41.82 and a fifty-two week high of $52.38. The business has a 50 day moving average price of $50.88 and a two-hundred day moving average price of $49.10. The firm has a market cap of $609.35 million, a PE ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.207 per share. This represents a $0.83 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date was Monday, September 23rd. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18.

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.