Invesco RAFI Strategic US ETF (NASDAQ:IUS) Shares Sold by Centric Wealth Management

Centric Wealth Management lowered its stake in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 13.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,696 shares of the company’s stock after selling 868 shares during the period. Centric Wealth Management’s holdings in Invesco RAFI Strategic US ETF were worth $283,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC boosted its position in shares of Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after buying an additional 303 shares during the period. Sigma Planning Corp boosted its holdings in Invesco RAFI Strategic US ETF by 5.8% during the 4th quarter. Sigma Planning Corp now owns 4,317 shares of the company’s stock valued at $214,000 after acquiring an additional 238 shares during the period. Lokken Investment Group LLC acquired a new position in Invesco RAFI Strategic US ETF in the 4th quarter valued at about $248,000. M.E. Allison & CO. Inc. purchased a new stake in Invesco RAFI Strategic US ETF during the fourth quarter worth about $273,000. Finally, Flagstar Advisors Inc. lifted its position in shares of Invesco RAFI Strategic US ETF by 11.3% during the fourth quarter. Flagstar Advisors Inc. now owns 6,509 shares of the company’s stock worth $323,000 after purchasing an additional 661 shares in the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Shares of IUS stock opened at $49.36 on Tuesday. Invesco RAFI Strategic US ETF has a fifty-two week low of $45.07 and a fifty-two week high of $52.38. The company has a 50 day moving average price of $50.66 and a 200 day moving average price of $50.59. The stock has a market capitalization of $646.62 million, a P/E ratio of 19.74 and a beta of 0.96.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.2128 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco RAFI Strategic US ETF’s previous dividend of $0.20.

About Invesco RAFI Strategic US ETF

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.