JPMorgan Chase & Co. Buys 7,293 Shares of Invesco RAFI Strategic US ETF (NASDAQ:IUS)

JPMorgan Chase & Co. boosted its position in Invesco RAFI Strategic US ETF (NASDAQ:IUS) by 1,955.2% during the third quarter, Holdings Channel reports. The fund owned 7,666 shares of the company’s stock after acquiring an additional 7,293 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco RAFI Strategic US ETF were worth $386,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in Invesco RAFI Strategic US ETF in the second quarter worth $584,000. Cetera Investment Advisers increased its holdings in shares of Invesco RAFI Strategic US ETF by 74.4% in the second quarter. Cetera Investment Advisers now owns 36,827 shares of the company’s stock worth $1,747,000 after buying an additional 15,705 shares during the period. FMR LLC lifted 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 during the last quarter. Bridge Advisory LLC boosted its holdings in Invesco RAFI Strategic US ETF by 0.3% during the 3rd quarter. Bridge Advisory LLC now owns 110,771 shares of the company’s stock valued at $5,572,000 after acquiring an additional 348 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Invesco RAFI Strategic US ETF by 46.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 102,018 shares of the company’s stock worth $4,839,000 after acquiring an additional 32,208 shares during the last quarter.

Invesco RAFI Strategic US ETF Price Performance

Shares of Invesco RAFI Strategic US ETF stock opened at $51.54 on Thursday. Invesco RAFI Strategic US ETF has a one year low of $43.75 and a one year high of $52.38. The business’s 50 day simple moving average is $50.90 and its two-hundred day simple moving average is $49.90. The stock has a market capitalization of $675.17 million, a P/E ratio of 19.85 and a beta of 0.96.

Invesco RAFI Strategic US ETF Announces Dividend

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