Invesco RAFI Strategic US ETF $IUS Stock: Tempus Wealth Planning LLC Increases Position

Tempus Wealth Planning LLC increased its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 116.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,440 shares of the company’s stock after purchasing an additional 16,910 shares during the period. Tempus Wealth Planning LLC’s holdings in Invesco RAFI Strategic US ETF were worth $2,132,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. First PREMIER Bank purchased a new stake in Invesco RAFI Strategic US ETF during the second quarter worth about $41,000. Independent Financial Group LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the first quarter worth $251,000. Fermata Advisors LLC boosted its stake in shares of Invesco RAFI Strategic US ETF by 3.2% during the 3rd quarter. Fermata Advisors LLC now owns 7,636 shares of the company’s stock worth $518,000 after purchasing an additional 239 shares during the last quarter. Royal Bank of Canada grew its stake in Invesco RAFI Strategic US ETF by 60.3% in the 1st quarter. Royal Bank of Canada now owns 11,430 shares of the company’s stock worth $662,000 after acquiring an additional 4,299 shares during the period. Finally, RVW Wealth LLC boosted its holdings in shares of Invesco RAFI Strategic US ETF by 3.9% during the second quarter. RVW Wealth LLC now owns 14,024 shares of the company’s stock worth $920,000 after purchasing an additional 527 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Invesco RAFI Strategic US ETF stock traded down $0.12 during trading on Wednesday, hitting $69.93. The company’s stock had a trading volume of 43,978 shares, compared to its average volume of 53,237. The stock has a market capitalization of $988.11 million, a price-to-earnings ratio of 18.38 and a beta of 0.87. The stock’s fifty day moving average is $69.36 and its 200 day moving average is $66.10. Invesco RAFI Strategic US ETF has a 1-year low of $54.49 and a 1-year high of $70.64.

Invesco RAFI Strategic US ETF Increases Dividend

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

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.