Titleist Asset Management LLC Trims Position in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Titleist Asset Management LLC lowered its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 8.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 227,203 shares of the company’s stock after selling 20,150 shares during the quarter. Invesco RAFI Strategic US ETF comprises approximately 1.3% of Titleist Asset Management LLC’s portfolio, making the stock its 16th largest holding. Titleist Asset Management LLC’s holdings in Invesco RAFI Strategic US ETF were worth $11,285,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sigma Planning Corp grew its position in Invesco RAFI Strategic US ETF by 5.8% during the fourth 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 last quarter. FMR LLC lifted its position in Invesco RAFI Strategic US ETF by 46.0% during the third quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after buying an additional 303 shares during the period. Strategic Blueprint LLC raised its stake in Invesco RAFI Strategic US ETF by 5.5% during the fourth quarter. Strategic Blueprint LLC now owns 7,590 shares of the company’s stock valued at $377,000 after buying an additional 396 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings 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 worth $561,000 after buying an additional 456 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Invesco RAFI Strategic US ETF by 7.7% in the 4th quarter. JPMorgan Chase & Co. now owns 8,259 shares of the company’s stock valued at $410,000 after acquiring an additional 593 shares in the last quarter.

Invesco RAFI Strategic US ETF Stock Down 5.7 %

IUS opened at $44.84 on Friday. The stock has a market capitalization of $556.02 million, a price-to-earnings ratio of 19.74 and a beta of 0.96. The firm has a 50 day moving average price of $50.38 and a 200-day moving average price of $50.54. Invesco RAFI Strategic US ETF has a twelve month low of $44.84 and a twelve month high of $52.38.

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 paid a $0.2128 dividend. The ex-dividend date was Monday, March 24th. This is an increase 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.