Sovereign Financial Group Inc. Boosts Stock Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Sovereign Financial Group Inc. boosted its position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 40.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,883 shares of the company’s stock after acquiring an additional 10,615 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Invesco RAFI Strategic US ETF were worth $1,832,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. World Investment Advisors LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF during the third quarter worth about $152,410,000. Intelligence Driven Advisers LLC lifted its holdings in Invesco RAFI Strategic US ETF by 20.1% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 432,798 shares of the company’s stock worth $21,770,000 after buying an additional 72,327 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco RAFI Strategic US ETF by 413.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 250,548 shares of the company’s stock worth $11,883,000 after buying an additional 201,709 shares in the last quarter. McIlrath & Eck LLC boosted its position in Invesco RAFI Strategic US ETF by 6.5% in the 3rd quarter. McIlrath & Eck LLC now owns 119,585 shares of the company’s stock valued at $6,015,000 after buying an additional 7,289 shares during the period. Finally, Kingsview Wealth Management LLC grew its stake in shares of Invesco RAFI Strategic US ETF by 4.9% in the third quarter. Kingsview Wealth Management LLC now owns 117,897 shares of the company’s stock worth $5,930,000 after acquiring an additional 5,455 shares in the last quarter.

Invesco RAFI Strategic US ETF Trading Up 0.5 %

Shares of NASDAQ IUS opened at $49.90 on Wednesday. The stock has a market cap of $631.24 million, a P/E ratio of 19.85 and a beta of 0.96. The business’s fifty day simple moving average is $50.93 and its 200-day simple moving average is $49.66. Invesco RAFI Strategic US ETF has a 12-month low of $42.58 and a 12-month high of $52.38.

Invesco RAFI Strategic US ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.1968 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.