Kingsview Wealth Management LLC Has $5.93 Million Holdings in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Kingsview Wealth Management LLC raised its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 117,897 shares of the company’s stock after purchasing an additional 5,455 shares during the period. Kingsview Wealth Management LLC owned 1.00% of Invesco RAFI Strategic US ETF worth $5,930,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Invesco RAFI Strategic US ETF by 35.8% in the 2nd quarter. LPL Financial LLC now owns 824,299 shares of the company’s stock valued at $39,097,000 after acquiring an additional 217,384 shares during the period. Aveo Capital Partners LLC raised its position in shares of Invesco RAFI Strategic US ETF by 5.0% in the 2nd quarter. Aveo Capital Partners LLC now owns 516,023 shares of the company’s stock valued at $24,475,000 after acquiring an additional 24,801 shares during the period. Intelligence Driven Advisers LLC raised its position in shares of Invesco RAFI Strategic US ETF by 20.1% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 432,798 shares of the company’s stock valued at $21,770,000 after acquiring an additional 72,327 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco RAFI Strategic US ETF by 413.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 250,548 shares of the company’s stock valued at $11,883,000 after acquiring an additional 201,709 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of Invesco RAFI Strategic US ETF by 0.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 249,391 shares of the company’s stock valued at $11,829,000 after acquiring an additional 1,859 shares during the period.

Invesco RAFI Strategic US ETF Stock Performance

Shares of IUS stock opened at $51.77 on Friday. The company has a market capitalization of $610.89 million, a P/E ratio of 19.85 and a beta of 0.96. The company’s 50 day moving average price is $50.38 and its two-hundred day moving average price is $48.68. Invesco RAFI Strategic US ETF has a 52 week low of $41.22 and a 52 week high of $51.91.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.207 per share. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. This represents a $0.83 annualized dividend and a yield of 1.60%. The ex-dividend date was Monday, September 23rd.

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.