INVESCO EXCH TRD SLF IDX FD IUS
RAFI STRATGIC US · ETP · CUSIP 46138J742
104
institutional holders
+4 vs Q4 2025
8.7m
shares reported held*
$506.1mreported value*
12 new
36 added
43 reduced
5 sold out
net bought ≈ $12.9m (+217.9k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $57.95.
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 22 |
| Q4 2022 | 31 |
| Q1 2023 | 37 |
| Q2 2023 | 38 |
| Q3 2023 | 47 |
| Q4 2023 | 44 |
| Q1 2024 | 61 |
| Q2 2024 | 70 |
| Q3 2024 | 76 |
| Q4 2024 | 92 |
| Q1 2025 | 97 |
| Q2 2025 | 98 |
| Q3 2025 | 97 |
| Q4 2025 | 100 |
| Q1 2026 | 104 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 47 | 18 |
| Q3 2024 | 49 | 24 |
| Q4 2024 | 48 | 27 |
| Q1 2025 | 52 | 37 |
| Q2 2025 | 37 | 55 |
| Q3 2025 | 46 | 44 |
| Q4 2025 | 47 | 43 |
| Q1 2026 | 48 | 48 |
Biggest buyers
| Tandem Financial, LLC | New | +88.6k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +86.4k |
| Professional Financial Advisors, LLC | New | +74.6k |
| Independent Advisor Alliance | New | +71.7k |
| MML INVESTORS SERVICES, LLC | Added | +60.9k |
| Berkeley, Inc | Added | +55.5k |
| GTS SECURITIES LLC | New | +51.2k |
| CWM, LLC | Added | +33.6k |
| Beacon Pointe Advisors, LLC | Added | +27.3k |
| CCG WEALTH MANAGEMENT, LLC | Added | +22.9k |
Biggest sellers
| Intelligence Driven Advisers, LLC | Reduced | -112.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -89.9k |
| HighPoint Advisor Group LLC | Reduced | -79.9k |
| OSAIC HOLDINGS, INC. | Reduced | -45.8k |
| RFG - Bristol Wealth Advisors, LLC | Reduced | -31.5k |
| Foguth Wealth Management, LLC. | Reduced | -20.0k |
| IFG Advisory, LLC | Sold out | -19.9k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -18.0k |
| Orion Porfolio Solutions, LLC | Reduced | -9.6k |
| Corient Private Wealth LP | Sold out | -8.1k |
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| LPL Financial LLC 0.02% of their portfolio | 1.5m $87.3m | Reduced -514 |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 899.6k $52.1m | Added +86.4k |
| CWM, LLC 0.11% of their portfolio | 701.4k $40.6m | Added +33.6k |
| Rockefeller Capital Management L.P. 0.07% of their portfolio | 675.4k $39.1m | Added +4.2k |
| Intelligence Driven Advisers, LLC 5.55% of their portfolio | 550.0k $31.9m | Reduced -112.7k |
| OSAIC HOLDINGS, INC. 0.04% of their portfolio | 448.2k $26.0m | Reduced -45.8k |
| Kestra Advisory Services, LLC 0.06% of their portfolio | 270.3k $15.7m | Added +16.4k |
| HighPoint Advisor Group LLC 0.65% of their portfolio | 268.9k $15.6m | Reduced -79.9k |
| Merit Financial Group, LLC 0.11% of their portfolio | 244.8k $14.2m | Added +5.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 240.2k $13.9m | Reduced -18.0k |
| Berkeley, Inc 4.20% of their portfolio | 216.4k $12.5m | Added +55.5k |
| Beacon Pointe Advisors, LLC 0.06% of their portfolio | 206.6k $12.0m | Added +27.3k |
| ARQ WEALTH ADVISORS, LLC 2.12% of their portfolio | 203.3k $11.8m | Added +6.5k |
| MML INVESTORS SERVICES, LLC 0.03% of their portfolio | 196.7k $11.4m | Added +60.9k |
| Lighthouse Wealth Management Inc. 6.87% of their portfolio | 174.6k $10.1m | Added +4.7k |
| McIlrath & Eck, LLC 0.67% of their portfolio | 155.0k $9.0m | Added +5.8k |
| BYRNE FINANCIAL FREEDOM, LLC 3.54% of their portfolio | 127.8k $7.4m | Added +2.5k |
| PFG Advisors 0.32% of their portfolio | 113.4k $6.6m | Added +5.4k |
| Geneos Wealth Management Inc. 0.14% of their portfolio | 103.0k $6.0m | Reduced -5.1k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 99.7k $5.8m | Added +3.5k |
| Tandem Financial, LLC 1.74% of their portfolio | 88.6k $5.1m | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 84.3k $4.9m | Added +14.9k |
| Professional Financial Advisors, LLC 0.88% of their portfolio | 74.6k $4.3m | New |
| Independent Advisor Alliance 0.04% of their portfolio | 71.7k $4.2m | New |
| World Investment Advisors 0.07% of their portfolio | 70.0k $4.1m | Added +2.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 67.0k $3.9m | Reduced -89.9k |
| Synergy Investment Management, LLC 1.12% of their portfolio | 59.1k $3.4m | Added +12.1k |
| Cetera Investment Advisers 0.00% of their portfolio | 54.0k $3.1m | Reduced -50 |
| GTS SECURITIES LLC 0.10% of their portfolio | 51.2k $3.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 42.5k $2.5m | Added +1.7k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 40.6k $2.4m | Reduced -227 |
| Sovereign Financial Group, Inc. 0.34% of their portfolio | 34.0k $2.0m | Added +41 |
| Eagle Strategies LLC 0.23% of their portfolio | 33.3k $1.9m | Added +3.4k |
| Foguth Wealth Management, LLC. 0.25% of their portfolio | 32.4k $2.1m | Reduced -20.0k |
| CoreCap Advisors, LLC 0.06% of their portfolio | 28.1k $1.6m | Reduced -2.0k |
| Advyzon Investment Management, LLC 0.15% of their portfolio | 28.1k $1.6m | Added +1.3k |
| Capital Developers, LLC 1.43% of their portfolio | 27.4k $1.6m | Reduced -407 |
| CCG WEALTH MANAGEMENT, LLC 0.43% of their portfolio | 27.1k $1.6m | Added +22.9k |
| Breakwater Capital Group 0.20% of their portfolio | 25.5k $1.5m | Added +318 |
| Larson Financial Group LLC 0.05% of their portfolio | 24.3k $1.4m | Added +1.1k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 22.4k $1.3m | Reduced -520 |
| RFG - Bristol Wealth Advisors, LLC 0.32% of their portfolio | 20.7k $1.2m | Reduced -31.5k |
| Centerpoint Advisory Group 0.83% of their portfolio | 19.0k $1.1m | Reduced -515 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 15.6k $904.2k | Reduced -1.7k |
| RVW Wealth, LLC 0.06% of their portfolio | 13.5k $781.7k | Reduced -759 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 13.1k $756.4k | Reduced -4.0k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 12.9k $746.1k | Reduced -2.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 11.4k $662.0k | Added +4.3k |
| Integrated Wealth Concepts LLC 0.01% of their portfolio | 11.1k $640.0k | New |
| Sigma Planning Corp 0.02% of their portfolio | 10.9k $633.9k | Reduced -376 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 10.5k $606.5k | Reduced -2.8k |
| THOROUGHBRED FINANCIAL SERVICES, LLC 0.03% of their portfolio | 9.2k $534.0k | Added +31 |
| Kingsview Wealth Management, LLC 0.01% of their portfolio | 8.8k $508.0k | Reduced -403 |
| Valued Retirements, Inc. 0.48% of their portfolio | 8.5k $489.5k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 8.4k $487.2k | Reduced -2.9k |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 8.1k $470.1k | Reduced -9.6k |
| Prospera Financial Services Inc 0.01% of their portfolio | 8.0k $461.9k | Reduced -35 |
| Allworth Financial LP 0.00% of their portfolio | 7.8k $450.0k | Added +83 |
| Equitable Holdings, Inc. 0.00% of their portfolio | 7.6k $432.3k | Reduced -3.7k |
| Fermata Advisors, LLC 0.10% of their portfolio | 7.3k $425.0k | Added +334 |
| Narus Financial Partners, LLC 0.11% of their portfolio | 7.3k $422.3k | Reduced -955 |
| HighTower Advisors, LLC 0.00% of their portfolio | 7.3k $420.4k | Reduced -157 |
| Eaton Financial Holdings Company, LLC 0.13% of their portfolio | 7.0k $407.4k | Reduced -3.0k |
| FMR LLC 0.00% of their portfolio | 6.6k $379.8k | Added +200 |
| TITLEIST ASSET MANAGEMENT, LLC 0.03% of their portfolio | 6.3k $366.2k | Reduced -562 |
| Well Done, LLC 0.05% of their portfolio | 6.0k $349.6k | New |
| Dakota Wealth Management 0.01% of their portfolio | 5.8k $334.4k | Reduced -639 |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 5.6k $321.8k | Reduced -219 |
| Centric Wealth Management 0.07% of their portfolio | 5.3k $333.1k | Reduced -355 |
| Sound Income Strategies, LLC 0.01% of their portfolio | 5.3k $305.9k | Unchanged |
| Sunrise Financial Services, LLC 0.21% of their portfolio | 5.2k $298.8k | Reduced -282 |
| Onyx Bridge Wealth Group LLC 0.03% of their portfolio | 5.2k $298.4k | Reduced -3.5k |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 5.2k $299.6k | Reduced -3 |
| Richmond Investment Services, LLC 0.04% of their portfolio | 4.5k $260.3k | Unchanged |
| Advisory Alpha, LLC 0.01% of their portfolio | 4.5k $258.4k | New |
| Redhawk Wealth Advisors, Inc. 0.03% of their portfolio | 4.4k $254.4k | Added +17 |
| INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio | 4.3k $250.7k | Unchanged |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 4.0k $230.9k | Reduced -516 |
| Dynamic Advisor Solutions LLC 0.01% of their portfolio | 3.9k $227.9k | Reduced -266 |
| IFC & Insurance Marketing, Inc. 0.23% of their portfolio | 3.9k $223.3k | Reduced -620 |
| M.E. ALLISON & CO., INC. 0.14% of their portfolio | 3.7k $212.1k | Reduced -1.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 3.6k $211.2k | New |
| Arax Advisory Partners 0.00% of their portfolio | 3.0k $174.2k | Added +5 |
| Hughes Financial Services, LLC 0.02% of their portfolio | 2.6k $147.9k | Unchanged |
| CENTAURUS FINANCIAL, INC. 0.01% of their portfolio | 2.4k $138.0k | Unchanged |
| Parvin Asset Management, LLC 0.06% of their portfolio | 1.3k $75.6k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.3k $74.6k | Added +51 |
| Anchor Investment Management, LLC 0.00% of their portfolio | 940 $54.4k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 823 $47.7k | Added +275 |
| AE Wealth Management LLC 0.00% of their portfolio | 797 $46.2k | Added +151 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 750 $43.4k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 741 $42.9k | Added +179 |
| Knuff & Co LLC 0.01% of their portfolio | 723 $41.9k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 654 $37.1k | Reduced -3.3k |
| HIGHLINE WEALTH PARTNERS LLC 0.01% of their portfolio | 493 $28.6k | Unchanged |
| VANGUARD ADVISERS INC 0.00% of their portfolio | 406 $23.5k | First filing |
| Signature Equity Partners, LLC 0.01% of their portfolio | 267 $15.5k | Added +1 |
| Millstone Evans Group, LLC 0.01% of their portfolio | 260 $15.1k | Unchanged |
| ASSETMARK, INC 0.00% of their portfolio | 205 $11.9k | Reduced -190 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 56 $3.2k | Reduced -235 |