Lifeworks Advisors LLC Increases Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Lifeworks Advisors LLC grew its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 16.6% in the third quarter, Holdings Channel reports. The institutional investor owned 5,284 shares of the company’s stock after purchasing an additional 752 shares during the period. Lifeworks Advisors LLC’s holdings in Invesco RAFI Strategic US ETF were worth $266,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IUS. CWM LLC acquired a new position in Invesco RAFI Strategic US ETF during the 2nd quarter worth approximately $90,000. Sigma Planning Corp acquired a new position in Invesco RAFI Strategic US ETF during the 3rd quarter worth approximately $205,000. AllGen Financial Advisors Inc. acquired a new position in Invesco RAFI Strategic US ETF during the 3rd quarter worth approximately $235,000. Davies Financial Advisors Inc. acquired a new position in Invesco RAFI Strategic US ETF during the 2nd quarter worth approximately $239,000. Finally, Cetera Advisors LLC acquired a new position in Invesco RAFI Strategic US ETF during the 1st quarter worth approximately $245,000.

Invesco RAFI Strategic US ETF Trading Down 0.6 %

NASDAQ IUS opened at $51.24 on Friday. The business’s 50 day moving average is $50.01 and its two-hundred day moving average is $48.44. Invesco RAFI Strategic US ETF has a 12-month low of $40.65 and a 12-month high of $51.91. The stock has a market capitalization of $604.63 million, a price-to-earnings ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.207 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.62%. This is a boost 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.