Invesco RAFI Strategic US ETF (NASDAQ:IUS) Declares Dividend Increase – $0.23 Per Share

Invesco RAFI Strategic US ETF (NASDAQ:IUS) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Monday, September 21st will be paid a dividend of 0.2284 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, September 21st. This is a 11.2% increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.21.

Invesco RAFI Strategic US ETF Trading Up 0.3%

NASDAQ:IUS traded up $0.22 during trading hours on Monday, hitting $69.08. The company’s stock had a trading volume of 46,065 shares, compared to its average volume of 53,148. The stock has a market capitalization of $941.56 million, a P/E ratio of 18.38 and a beta of 0.87. The stock has a fifty day moving average of $68.87 and a 200-day moving average of $64.81. Invesco RAFI Strategic US ETF has a 52-week low of $53.97 and a 52-week high of $70.64.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. lifted its position in Invesco RAFI Strategic US ETF by 11,234.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 671,230 shares of the company’s stock worth $38,368,000 after acquiring an additional 665,308 shares during the period. Kestra Advisory Services LLC increased its holdings in shares of Invesco RAFI Strategic US ETF by 6.5% in the first quarter. Kestra Advisory Services LLC now owns 270,283 shares of the company’s stock valued at $15,653,000 after purchasing an additional 16,427 shares during the period. ARQ Wealth Advisors LLC raised its stake in shares of Invesco RAFI Strategic US ETF by 3.3% during the first quarter. ARQ Wealth Advisors LLC now owns 203,325 shares of the company’s stock worth $11,775,000 after purchasing an additional 6,533 shares during the last quarter. Lighthouse Wealth Management Inc. raised its stake in shares of Invesco RAFI Strategic US ETF by 2.8% during the first quarter. Lighthouse Wealth Management Inc. now owns 174,573 shares of the company’s stock worth $10,110,000 after purchasing an additional 4,675 shares during the last quarter. Finally, McIlrath & Eck LLC lifted its holdings in shares of Invesco RAFI Strategic US ETF by 3.9% during the first quarter. McIlrath & Eck LLC now owns 155,035 shares of the company’s stock worth $8,979,000 after purchasing an additional 5,798 shares during the period.

About Invesco RAFI Strategic US ETF

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.