Short Interest in Invesco RAFI Strategic US ETF (NASDAQ:IUS) Decreases By 28.8%

Invesco RAFI Strategic US ETF (NASDAQ:IUS) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 75,000 shares, a decline of 28.8% from the November 15th total of 105,400 shares. Based on an average trading volume of 54,300 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. FMR LLC lifted its holdings in Invesco RAFI Strategic US ETF by 46.0% in the third quarter. FMR LLC now owns 962 shares of the company’s stock worth $48,000 after acquiring an additional 303 shares during the last quarter. Bridge Advisory LLC lifted its holdings in shares of Invesco RAFI Strategic US ETF by 0.3% in the 3rd quarter. Bridge Advisory LLC now owns 110,771 shares of the company’s stock worth $5,572,000 after purchasing an additional 348 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in Invesco RAFI Strategic US ETF by 4.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 11,148 shares of the company’s stock worth $561,000 after buying an additional 456 shares during the last quarter. Lifeworks Advisors LLC increased its position 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 worth $266,000 after buying an additional 752 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its holdings in shares of Invesco RAFI Strategic US ETF by 19.4% during the third quarter. Dynamic Advisor Solutions LLC now owns 5,080 shares of the company’s stock valued at $256,000 after acquiring an additional 827 shares during the period.

Invesco RAFI Strategic US ETF Stock Down 0.2 %

Shares of IUS traded down $0.10 during trading on Friday, reaching $51.38. The company’s stock had a trading volume of 79,289 shares, compared to its average volume of 84,657. Invesco RAFI Strategic US ETF has a twelve month low of $42.58 and a twelve month high of $52.38. The company has a market cap of $606.28 million, a price-to-earnings ratio of 19.85 and a beta of 0.96. The company has a fifty day moving average of $50.97 and a two-hundred day moving average of $49.17.

Invesco RAFI Strategic US ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.207 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Monday, September 23rd. This is a positive change from Invesco RAFI Strategic US ETF’s previous quarterly dividend of $0.18.

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.