Invesco RAFI Strategic US ETF (NASDAQ:IUS – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $49.66 and last traded at $49.61, with a volume of 1851 shares. The stock had previously closed at $49.42.
Invesco RAFI Strategic US ETF Price Performance
The company has a market cap of $534.47 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The business’s fifty day moving average price is $48.33 and its 200 day moving average price is $47.31.
Invesco RAFI Strategic US ETF Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.1768 dividend. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend was Monday, June 24th. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.17.
Institutional Inflows and Outflows
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.
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