Invesco RAFI Strategic US ETF (NASDAQ:IUS) Sees Large Growth in Short Interest

Invesco RAFI Strategic US ETF (NASDAQ:IUSGet Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 56,600 shares, an increase of 73.6% from the May 31st total of 32,600 shares. Based on an average trading volume of 128,800 shares, the short-interest ratio is currently 0.4 days.

Invesco RAFI Strategic US ETF Stock Down 0.2 %

Shares of NASDAQ IUS traded down $0.08 during trading on Friday, reaching $47.43. The company had a trading volume of 67,374 shares, compared to its average volume of 107,204. Invesco RAFI Strategic US ETF has a 12-month low of $38.00 and a 12-month high of $47.87. The stock has a market cap of $535.01 million, a PE ratio of 19.85 and a beta of 0.96. The business’s 50-day moving average is $46.84 and its 200 day moving average is $45.60.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.1768 dividend. This is a boost from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.17. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

A number of institutional investors have recently modified their holdings of the stock. Global Retirement Partners LLC grew its stake in shares of Invesco RAFI Strategic US ETF by 8.4% in the first quarter. Global Retirement Partners LLC now owns 4,550 shares of the company’s stock worth $216,000 after acquiring an additional 352 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 1.5% during the first quarter. Commonwealth Equity Services LLC now owns 28,116 shares of the company’s stock valued at $1,334,000 after buying an additional 404 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF during the fourth quarter valued at $41,000. Principal Securities Inc. purchased a new stake in shares of Invesco RAFI Strategic US ETF during the fourth quarter valued at $43,000. Finally, PFG Advisors boosted its position in shares of Invesco RAFI Strategic US ETF by 2.6% during the fourth quarter. PFG Advisors now owns 82,267 shares of the company’s stock valued at $3,562,000 after buying an additional 2,067 shares during the last quarter.

Invesco RAFI Strategic US ETF Company Profile

(Get Free Report)

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.

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