Cetera Investment Advisers Buys 7,414 Shares of Invesco RAFI Strategic US ETF $IUS

Cetera Investment Advisers increased its stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 11.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 69,757 shares of the company’s stock after purchasing an additional 7,414 shares during the period. Cetera Investment Advisers’ holdings in Invesco RAFI Strategic US ETF were worth $3,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco RAFI Strategic US ETF by 226.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 23,536 shares of the company’s stock worth $1,231,000 after buying an additional 16,336 shares in the last quarter. IFG Advisory LLC boosted its position in Invesco RAFI Strategic US ETF by 0.5% during the 2nd quarter. IFG Advisory LLC now owns 120,660 shares of the company’s stock worth $6,214,000 after acquiring an additional 579 shares during the last quarter. Prosperity Wealth Management Inc. grew its stake in shares of Invesco RAFI Strategic US ETF by 22.5% during the 2nd quarter. Prosperity Wealth Management Inc. now owns 131,010 shares of the company’s stock worth $6,747,000 after acquiring an additional 24,037 shares in the last quarter. Nova Wealth Management Inc. grew its stake in shares of Invesco RAFI Strategic US ETF by 32.1% during the 2nd quarter. Nova Wealth Management Inc. now owns 43,665 shares of the company’s stock worth $2,249,000 after acquiring an additional 10,603 shares in the last quarter. Finally, Thoroughbred Financial Services LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 112.8% in the first quarter. Thoroughbred Financial Services LLC now owns 13,569 shares of the company’s stock valued at $669,000 after purchasing an additional 7,194 shares during the last quarter.

Invesco RAFI Strategic US ETF Trading Up 0.6%

Shares of IUS opened at $57.11 on Thursday. The stock has a market capitalization of $696.74 million, a price-to-earnings ratio of 18.38 and a beta of 0.93. Invesco RAFI Strategic US ETF has a 12 month low of $42.97 and a 12 month high of $57.25. The firm has a fifty day simple moving average of $55.60 and a 200 day simple moving average of $53.18.

Invesco RAFI Strategic US ETF Increases Dividend

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

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.