Vantus Wealth LLC Makes New Investment in Invesco RAFI Strategic US ETF $IUS

Vantus Wealth LLC purchased a new position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) during the fourth quarter, Holdings Channel.com reports. The firm purchased 27,777 shares of the company’s stock, valued at approximately $1,588,000. Invesco RAFI Strategic US ETF makes up approximately 1.2% of Vantus Wealth LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of IUS. Goldman Sachs Group Inc. bought a new position in shares of Invesco RAFI Strategic US ETF during the 1st quarter worth approximately $11,162,000. Intelligence Driven Advisers LLC boosted its holdings in shares of Invesco RAFI Strategic US ETF by 18.8% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 657,759 shares of the company’s stock worth $36,315,000 after buying an additional 104,134 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco RAFI Strategic US ETF by 12.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 772,489 shares of the company’s stock worth $42,649,000 after buying an additional 87,866 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Invesco RAFI Strategic US ETF by 372.8% during the second quarter. Orion Porfolio Solutions LLC now owns 89,882 shares of the company’s stock worth $4,629,000 after purchasing an additional 70,871 shares during the period. Finally, Foguth Wealth Management LLC. acquired a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth approximately $3,013,000.

Invesco RAFI Strategic US ETF Stock Up 0.1%

Shares of NASDAQ:IUS opened at $65.77 on Tuesday. Invesco RAFI Strategic US ETF has a twelve month low of $49.39 and a twelve month high of $66.02. The stock’s 50 day moving average is $61.75 and its 200-day moving average is $59.57. The firm has a market capitalization of $830.68 million, a price-to-earnings ratio of 18.38 and a beta of 0.87.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.2147 per share. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.3%.

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.