Invesco RAFI Strategic US ETF (IUS) To Go Ex-Dividend on June 22nd

Invesco RAFI Strategic US ETF (NASDAQ:IUS) announced a dividend on Friday, June 19th, NASDAQ Dividends reports. Investors of record on Monday, June 22nd will be paid a dividend of 0.2054 per share on Friday, June 26th. The ex-dividend date is Monday, June 22nd.

Invesco RAFI Strategic US ETF Stock Performance

IUS stock opened at $65.46 on Friday. The company has a market capitalization of $826.76 million, a P/E ratio of 18.38 and a beta of 0.87. The business has a 50 day simple moving average of $63.83 and a 200-day simple moving average of $60.47. Invesco RAFI Strategic US ETF has a twelve month low of $49.92 and a twelve month high of $66.50.

Institutional Trading of Invesco RAFI Strategic US ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the fourth quarter valued at approximately $25,000. US Bancorp DE purchased a new position in Invesco RAFI Strategic US ETF during the 3rd quarter worth $41,000. Hughes Financial Services LLC lifted its stake in shares of Invesco RAFI Strategic US ETF by 58.1% in the 4th quarter. Hughes Financial Services LLC now owns 2,553 shares of the company’s stock worth $146,000 after acquiring an additional 938 shares during the period. Corient Private Wealth LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the second quarter worth about $208,000. Finally, Betterment LLC acquired a new position in Invesco RAFI Strategic US ETF during the second quarter worth $214,000.

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.