AllGen Financial Advisors Inc. Takes $235,000 Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

AllGen Financial Advisors Inc. acquired a new stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,665 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bridge Advisory LLC lifted its holdings in Invesco RAFI Strategic US ETF by 0.3% in the 3rd quarter. Bridge Advisory LLC now owns 110,771 shares of the company’s stock valued at $5,572,000 after purchasing an additional 348 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Invesco RAFI Strategic US ETF by 1.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 28,116 shares of the company’s stock valued at $1,334,000 after purchasing an additional 404 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 19.4% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 5,080 shares of the company’s stock worth $256,000 after acquiring an additional 827 shares during the period. CWM LLC raised its holdings in shares of Invesco RAFI Strategic US ETF by 49.7% during the 3rd quarter. CWM LLC now owns 2,827 shares of the company’s stock worth $142,000 after acquiring an additional 938 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Invesco RAFI Strategic US ETF by 0.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 249,391 shares of the company’s stock worth $11,829,000 after acquiring an additional 1,859 shares during the period.

Invesco RAFI Strategic US ETF Stock Down 0.2 %

NASDAQ IUS opened at $49.90 on Friday. Invesco RAFI Strategic US ETF has a 52 week low of $38.00 and a 52 week high of $50.86. The business’s fifty day simple moving average is $49.63 and its 200-day simple moving average is $48.01. The firm has a market cap of $586.33 million, a PE ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.207 per share. This represents a $0.83 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend was Monday, September 23rd. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18.

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.