Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 99,200 shares, an increase of 153.1% from the August 31st total of 39,200 shares. Based on an average daily volume of 63,200 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Trading of Invesco RAFI Strategic US ETF

A number of hedge funds have recently bought and sold shares of IUS. Intelligence Driven Advisers LLC acquired a new stake in Invesco RAFI Strategic US ETF in the 1st quarter worth about $11,249,000. LPL Financial LLC grew its holdings in Invesco RAFI Strategic US ETF by 35.8% in the second quarter. LPL Financial LLC now owns 824,299 shares of the company’s stock valued at $39,097,000 after purchasing an additional 217,384 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Invesco RAFI Strategic US ETF by 413.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 250,548 shares of the company’s stock worth $11,883,000 after purchasing an additional 201,709 shares during the last quarter. ARQ Wealth Advisors LLC purchased a new position in Invesco RAFI Strategic US ETF during the first quarter worth approximately $6,827,000. Finally, Bridge Advisory LLC acquired a new position in shares of Invesco RAFI Strategic US ETF in the 2nd quarter valued at $5,237,000.

Invesco RAFI Strategic US ETF Trading Up 0.4 %

Shares of IUS stock opened at $50.14 on Friday. The company has a market capitalization of $540.51 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The firm has a 50-day moving average price of $48.55 and a 200 day moving average price of $47.51. Invesco RAFI Strategic US ETF has a twelve month low of $38.00 and a twelve month high of $50.33.

Invesco RAFI Strategic US ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.207 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.65%. 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.