Larson Financial Group LLC Has $825,000 Stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Larson Financial Group LLC grew its holdings in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 7.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 16,618 shares of the company’s stock after acquiring an additional 1,206 shares during the quarter. Larson Financial Group LLC’s holdings in Invesco RAFI Strategic US ETF were worth $825,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IUS. FMR LLC increased its stake in shares of Invesco RAFI Strategic US ETF by 46.0% in the 3rd quarter. FMR LLC now owns 962 shares of the company’s stock valued at $48,000 after acquiring an additional 303 shares in the last quarter. Sigma Planning Corp acquired a new stake in Invesco RAFI Strategic US ETF in the third quarter worth $205,000. Lifeworks Advisors LLC increased its stake in Invesco RAFI Strategic US ETF by 16.6% in the third quarter. Lifeworks Advisors LLC now owns 5,284 shares of the company’s stock valued at $266,000 after purchasing an additional 752 shares in the last quarter. M.E. Allison & CO. Inc. bought a new stake in Invesco RAFI Strategic US ETF in the fourth quarter valued at $273,000. Finally, Flagstar Advisors Inc. raised its holdings in shares of Invesco RAFI Strategic US ETF by 11.3% during the fourth quarter. Flagstar Advisors Inc. now owns 6,509 shares of the company’s stock valued at $323,000 after purchasing an additional 661 shares during the period.

Invesco RAFI Strategic US ETF Price Performance

IUS stock opened at $50.29 on Monday. The company’s 50-day moving average is $50.85 and its 200-day moving average is $50.53. The stock has a market capitalization of $658.80 million, a PE ratio of 20.04 and a beta of 0.96. Invesco RAFI Strategic US ETF has a 1 year low of $45.07 and a 1 year high of $52.38.

Invesco RAFI Strategic US ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.1968 dividend. The ex-dividend date 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.