World Investment Advisors LLC Makes New Investment in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

World Investment Advisors LLC acquired a new position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 60,239 shares of the company’s stock, valued at approximately $3,030,000. World Investment Advisors LLC owned approximately 0.51% of Invesco RAFI Strategic US ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC boosted its stake in Invesco RAFI Strategic US ETF by 35.8% during the second quarter. LPL Financial LLC now owns 824,299 shares of the company’s stock worth $39,097,000 after acquiring an additional 217,384 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco RAFI Strategic US ETF by 413.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 250,548 shares of the company’s stock worth $11,883,000 after purchasing an additional 201,709 shares in the last quarter. Intelligence Driven Advisers LLC grew its stake in shares of Invesco RAFI Strategic US ETF by 52.1% in the 2nd quarter. Intelligence Driven Advisers LLC now owns 360,471 shares of the company’s stock valued at $17,097,000 after buying an additional 123,440 shares during the period. Bridge Advisory LLC bought a new stake in Invesco RAFI Strategic US ETF in the 2nd quarter valued at about $5,237,000. Finally, Eaton Financial Holdings Company LLC acquired a new position in Invesco RAFI Strategic US ETF during the 3rd quarter worth approximately $4,194,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of Invesco RAFI Strategic US ETF stock opened at $51.38 on Friday. The stock has a market capitalization of $606.28 million, a PE ratio of 19.85 and a beta of 0.96. Invesco RAFI Strategic US ETF has a 52 week low of $42.58 and a 52 week high of $52.38. The stock has a 50 day moving average price of $50.97 and a two-hundred day moving average price of $49.17.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.207 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.83 annualized dividend and a yield of 1.61%. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18.

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.