M.E. Allison & CO. Inc. Makes New $273,000 Investment in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

M.E. Allison & CO. Inc. acquired a new stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,495 shares of the company’s stock, valued at approximately $273,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in Invesco RAFI Strategic US ETF by 46.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 102,018 shares of the company’s stock valued at $4,839,000 after purchasing an additional 32,208 shares in the last quarter. Susquehanna International Group LLP raised its position in shares of Invesco RAFI Strategic US ETF by 165.0% during the 2nd quarter. Susquehanna International Group LLP now owns 70,184 shares of the company’s stock worth $3,329,000 after acquiring an additional 43,701 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised 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 acquiring an additional 201,709 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Invesco RAFI Strategic US ETF by 74.4% during the 2nd quarter. Cetera Investment Advisers now owns 36,827 shares of the company’s stock worth $1,747,000 after acquiring an additional 15,705 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Invesco RAFI Strategic US ETF during the 2nd quarter worth about $584,000.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ IUS opened at $50.90 on Monday. The stock’s 50-day simple moving average is $50.88 and its 200-day simple moving average is $49.72. Invesco RAFI Strategic US ETF has a fifty-two week low of $42.66 and a fifty-two week high of $52.38. The firm has a market capitalization of $648.98 million, a PE ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Announces Dividend

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

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.