Breakwater Capital Group Purchases New Stake in Invesco RAFI Strategic US ETF (NASDAQ:IUS)

Breakwater Capital Group acquired a new position in shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,778 shares of the company’s stock, valued at approximately $386,000. Breakwater Capital Group owned about 0.06% of Invesco RAFI Strategic US ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC boosted its position 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 worth $48,000 after purchasing an additional 303 shares during the last quarter. CWM LLC lifted its stake in Invesco RAFI Strategic US ETF by 49.7% in the third quarter. CWM LLC now owns 2,827 shares of the company’s stock valued at $142,000 after buying an additional 938 shares during the period. Sigma Planning Corp bought a new position in Invesco RAFI Strategic US ETF during the third quarter worth about $205,000. AllGen Financial Advisors Inc. bought a new position in Invesco RAFI Strategic US ETF during the third quarter worth about $235,000. Finally, Thoroughbred Financial Services LLC acquired a new position in shares of Invesco RAFI Strategic US ETF during the 2nd quarter worth about $252,000.

Invesco RAFI Strategic US ETF Price Performance

Shares of NASDAQ:IUS opened at $49.90 on Wednesday. The firm’s 50 day simple moving average is $50.93 and its 200 day simple moving average is $49.66. Invesco RAFI Strategic US ETF has a fifty-two week low of $42.58 and a fifty-two week high of $52.38. The company has a market capitalization of $631.24 million, a price-to-earnings ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Announces Dividend

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

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.