Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 4,466 shares, a decrease of 39.2% from the December 15th total of 7,341 shares. Based on an average daily trading volume, of 25,819 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 25,819 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prospera Financial Services Inc increased its holdings in Invesco RAFI Strategic US ETF by 4.3% in the 3rd quarter. Prospera Financial Services Inc now owns 7,457 shares of the company’s stock valued at $412,000 after acquiring an additional 310 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in shares of Invesco RAFI Strategic US ETF by 8.4% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,202 shares of the company’s stock valued at $240,000 after purchasing an additional 325 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of Invesco RAFI Strategic US ETF by 5.8% in the second quarter. Stratos Wealth Partners LTD. now owns 7,428 shares of the company’s stock worth $383,000 after purchasing an additional 406 shares during the last quarter. Lighthouse Wealth Management Inc. lifted its position in shares of Invesco RAFI Strategic US ETF by 0.3% in the fourth quarter. Lighthouse Wealth Management Inc. now owns 169,898 shares of the company’s stock worth $9,711,000 after buying an additional 461 shares in the last quarter. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF in the second quarter worth about $25,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of Invesco RAFI Strategic US ETF stock traded down $0.20 on Friday, hitting $58.96. 32,861 shares of the company’s stock were exchanged, compared to its average volume of 50,115. Invesco RAFI Strategic US ETF has a 1 year low of $42.97 and a 1 year high of $59.34. The company has a 50-day simple moving average of $57.24 and a 200-day simple moving average of $55.13. The stock has a market capitalization of $715.15 million, a PE ratio of 18.38 and a beta of 0.93.

Invesco RAFI Strategic US ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.2108 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.84 annualized dividend and a dividend yield of 1.4%.

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.