RFG Bristol Wealth Advisors LLC Has $1.20 Million Stake in Invesco RAFI Strategic US ETF $IUS

RFG Bristol Wealth Advisors LLC lowered its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 60.4% in the first quarter, HoldingsChannel.com reports. The fund owned 20,652 shares of the company’s stock after selling 31,452 shares during the quarter. RFG Bristol Wealth Advisors LLC’s holdings in Invesco RAFI Strategic US ETF were worth $1,196,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of IUS. Flagship Harbor Advisors LLC acquired a new stake in Invesco RAFI Strategic US ETF during the 4th quarter valued at $25,000. US Bancorp DE acquired a new position in Invesco RAFI Strategic US ETF in the third quarter worth $41,000. Hughes Financial Services LLC boosted its stake in Invesco RAFI Strategic US ETF by 58.1% in the fourth quarter. Hughes Financial Services LLC now owns 2,553 shares of the company’s stock worth $146,000 after purchasing an additional 938 shares in the last quarter. Corient Private Wealth LLC bought a new stake in shares of Invesco RAFI Strategic US ETF during the second quarter worth $208,000. Finally, Betterment LLC bought a new stake in shares of Invesco RAFI Strategic US ETF during the second quarter worth $214,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ:IUS opened at $66.87 on Thursday. The business has a fifty day moving average of $65.41 and a 200-day moving average of $61.60. Invesco RAFI Strategic US ETF has a twelve month low of $50.96 and a twelve month high of $67.39. The firm has a market cap of $894.72 million, a PE ratio of 18.38 and a beta of 0.87.

Invesco RAFI Strategic US ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.2054 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.82 dividend on an annualized basis and a yield of 1.2%.

Invesco RAFI Strategic US ETF 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.