Flagstar Advisors Inc. Raises Stock Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Flagstar Advisors Inc. boosted its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 11.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,509 shares of the company’s stock after purchasing an additional 661 shares during the period. Flagstar Advisors Inc.’s holdings in Invesco RAFI Strategic US ETF were worth $323,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC lifted its position in Invesco RAFI Strategic US ETF by 46.0% in the third quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after purchasing an additional 303 shares during the last quarter. Strategic Blueprint LLC lifted its position in Invesco RAFI Strategic US ETF by 5.5% in the fourth quarter. Strategic Blueprint LLC now owns 7,590 shares of the company’s stock valued at $377,000 after purchasing an additional 396 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in Invesco RAFI Strategic US ETF by 4.3% in the third quarter. Integrated Wealth Concepts LLC now owns 11,148 shares of the company’s stock valued at $561,000 after purchasing an additional 456 shares during the last quarter. Lifeworks Advisors LLC lifted its position in Invesco RAFI Strategic US ETF by 16.6% in the third quarter. Lifeworks Advisors LLC now owns 5,284 shares of the company’s stock valued at $266,000 after purchasing an additional 752 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Invesco RAFI Strategic US ETF by 1.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 79,973 shares of the company’s stock valued at $3,972,000 after purchasing an additional 851 shares during the last quarter.

Invesco RAFI Strategic US ETF Stock Performance

Shares of IUS stock opened at $52.09 on Thursday. Invesco RAFI Strategic US ETF has a fifty-two week low of $44.56 and a fifty-two week high of $52.38. The stock has a 50 day moving average price of $50.78 and a two-hundred day moving average price of $50.23. The company has a market capitalization of $634.46 million, a P/E ratio of 20.58 and a beta of 0.99.

Invesco RAFI Strategic US ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.1968 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco RAFI Strategic US ETF 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.