Invesco RAFI Strategic US ETF (NASDAQ:IUS) Short Interest Update

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 105,400 shares, a growth of 32.1% from the October 31st total of 79,800 shares. Based on an average daily trading volume, of 55,700 shares, the short-interest ratio is presently 1.9 days.

Invesco RAFI Strategic US ETF Stock Performance

Shares of NASDAQ IUS opened at $52.31 on Monday. Invesco RAFI Strategic US ETF has a fifty-two week low of $41.24 and a fifty-two week high of $52.38. The company has a market cap of $617.26 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The business’s 50 day moving average price is $50.63 and its 200-day moving average price is $48.90.

Invesco RAFI Strategic US ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.207 per share. This represents a $0.83 annualized dividend and a dividend yield of 1.58%. This is an increase from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, September 23rd.

Institutional Trading of Invesco RAFI Strategic US ETF

A number of large investors have recently made changes to their positions in the stock. Cetera Advisors LLC bought a new stake in Invesco RAFI Strategic US ETF during the 1st quarter valued at about $245,000. CWM LLC bought a new stake in shares of Invesco RAFI Strategic US ETF during the second quarter valued at approximately $90,000. RFG Advisory LLC purchased a new stake in shares of Invesco RAFI Strategic US ETF in the second quarter valued at approximately $290,000. Raymond James Financial Services Advisors Inc. grew its stake in Invesco RAFI Strategic US ETF by 0.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 249,391 shares of the company’s stock worth $11,829,000 after purchasing an additional 1,859 shares in the last quarter. Finally, Bridge Advisory LLC purchased a new position in Invesco RAFI Strategic US ETF during the 2nd quarter worth $5,237,000.

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.