Invesco RAFI Strategic US ETF (NASDAQ:IUS) to Issue $0.21 Quarterly Dividend

by · The Markets Daily

Invesco RAFI Strategic US ETF (NASDAQ:IUS – Get Free Report) announced a quarterly dividend on Monday, December 22nd. Shareholders of record on Monday, December 22nd will be given a dividend of 0.2108 per share on Friday, December 26th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, December 22nd.

Invesco RAFI Strategic US ETF Stock Up 0.2%

Shares of IUS stock traded up $0.12 during mid-day trading on Monday, reaching $57.27. 38,673 shares of the company’s stock traded hands, compared to its average volume of 60,793. The company has a market cap of $698.69 million, a P/E ratio of 18.38 and a beta of 0.93. Invesco RAFI Strategic US ETF has a 12 month low of $42.97 and a 12 month high of $58.01. The company’s 50-day moving average price is $56.30 and its 200-day moving average price is $54.10.

Institutional Investors Weigh In On Invesco RAFI Strategic US ETF

Several large investors have recently bought and sold shares of IUS. Highline Wealth Partners LLC bought a new position in Invesco RAFI Strategic US ETF during the second quarter valued at approximately $25,000. US Bancorp DE bought a new stake in Invesco RAFI Strategic US ETF in the 3rd quarter worth approximately $41,000. Root Financial Partners LLC purchased a new stake in Invesco RAFI Strategic US ETF during the 3rd quarter valued at $60,000. Corient Private Wealth LLC bought a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at $208,000. Finally, Betterment LLC bought a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter valued at $214,000.

About Invesco RAFI Strategic US ETF

(Get Free Report)

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.

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