PSI Advisors LLC Sells 8,446 Shares of Principal U.S. Small-Cap Multi-Factor ETF $PSC

PSI Advisors LLC decreased its holdings in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report) by 5.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 134,848 shares of the company’s stock after selling 8,446 shares during the period. Principal U.S. Small-Cap Multi-Factor ETF makes up about 2.0% of PSI Advisors LLC’s portfolio, making the stock its 12th biggest position. PSI Advisors LLC owned about 0.47% of Principal U.S. Small-Cap Multi-Factor ETF worth $7,785,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Principal Financial Group Inc. increased its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 100.6% in the 4th quarter. Principal Financial Group Inc. now owns 11,734,663 shares of the company’s stock valued at $676,557,000 after purchasing an additional 5,885,091 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 3rd quarter valued at $75,388,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 1.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 796,011 shares of the company’s stock valued at $47,530,000 after acquiring an additional 7,655 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 18.5% during the 3rd quarter. Raymond James Financial Inc. now owns 560,508 shares of the company’s stock valued at $31,932,000 after acquiring an additional 87,622 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 3.0% during the 4th quarter. Truist Financial Corp now owns 333,045 shares of the company’s stock valued at $19,227,000 after acquiring an additional 9,582 shares in the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Stock Down 0.1%

NASDAQ PSC opened at $65.76 on Thursday. Principal U.S. Small-Cap Multi-Factor ETF has a twelve month low of $50.44 and a twelve month high of $66.10. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 17.29 and a beta of 1.01. The business’s fifty day moving average is $61.28 and its 200 day moving average is $59.79.

Principal U.S. Small-Cap Multi-Factor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.1078 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.43 dividend on an annualized basis and a yield of 0.7%. This is an increase from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08.

Principal U.S. Small-Cap Multi-Factor ETF Company Profile

(Free Report)

The Principal U.S. Small-Cap Multi-Factor ETF (PSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is actively managed to invest in small-cap US companies. The fund uses a proprietary, quantitative model to construct the portfolio. PSC was launched on Sep 21, 2016 and is managed by Principal.

Further Reading

Institutional Ownership by Quarter for Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

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