Invesco RAFI Strategic US ETF $IUS is AIFG Consultants Ltd.’s 7th Largest Position

AIFG Consultants Ltd. decreased its holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 3.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,518 shares of the company’s stock after selling 1,259 shares during the quarter. Invesco RAFI Strategic US ETF comprises approximately 3.5% of AIFG Consultants Ltd.’s portfolio, making the stock its 7th biggest holding. AIFG Consultants Ltd. owned about 0.28% of Invesco RAFI Strategic US ETF worth $1,778,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IUS. Breakwater Capital Group raised its position in Invesco RAFI Strategic US ETF by 97.5% in the first quarter. Breakwater Capital Group now owns 15,359 shares of the company’s stock worth $758,000 after acquiring an additional 7,581 shares in the last quarter. Signal Advisors Wealth LLC raised its position in Invesco RAFI Strategic US ETF by 11.4% in the first quarter. Signal Advisors Wealth LLC now owns 103,426 shares of the company’s stock worth $5,105,000 after acquiring an additional 10,620 shares in the last quarter. Sovereign Financial Group Inc. raised its position in Invesco RAFI Strategic US ETF by 6.1% in the first quarter. Sovereign Financial Group Inc. now owns 39,143 shares of the company’s stock worth $1,932,000 after acquiring an additional 2,260 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in Invesco RAFI Strategic US ETF in the first quarter worth $1,109,000. Finally, Redhawk Wealth Advisors Inc. purchased a new position in Invesco RAFI Strategic US ETF in the first quarter worth $702,000.

Invesco RAFI Strategic US ETF Stock Performance

NASDAQ:IUS opened at $55.60 on Friday. The stock has a fifty day moving average price of $53.78 and a two-hundred day moving average price of $50.98. The stock has a market capitalization of $671.65 million, a price-to-earnings ratio of 18.38 and a beta of 0.96. Invesco RAFI Strategic US ETF has a 1 year low of $42.97 and a 1 year high of $55.91.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.2136 dividend. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21. This represents a $0.85 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, September 22nd.

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.