Eaton Financial Holdings Company LLC Has $1.70 Million Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Eaton Financial Holdings Company LLC cut its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 58.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,254 shares of the company’s stock after selling 49,123 shares during the period. Eaton Financial Holdings Company LLC’s holdings in Invesco RAFI Strategic US ETF were worth $1,701,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IUS. World Investment Advisors LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the third quarter worth approximately $152,410,000. Raymond James Financial Inc. acquired a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth approximately $12,054,000. Lighthouse Wealth Management Inc. acquired a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth approximately $8,470,000. Merit Financial Group LLC lifted its position in shares of Invesco RAFI Strategic US ETF by 32.5% during the fourth quarter. Merit Financial Group LLC now owns 286,049 shares of the company’s stock worth $14,208,000 after purchasing an additional 70,227 shares in the last quarter. Finally, Independent Advisor Alliance acquired a new position in shares of Invesco RAFI Strategic US ETF during the fourth quarter worth approximately $2,376,000.

Invesco RAFI Strategic US ETF Trading Up 1.8 %

Shares of IUS stock opened at $49.13 on Monday. The firm has a market capitalization of $643.60 million, a price-to-earnings ratio of 20.04 and a beta of 0.96. The firm’s 50 day moving average is $50.78 and its 200-day moving average is $50.52. Invesco RAFI Strategic US ETF has a 1 year low of $45.07 and a 1 year high of $52.38.

Invesco RAFI Strategic US ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.1968 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.