Principal U.S. Small-Cap Multi-Factor ETF $PSC is Principal Securities Inc.’s 5th Largest Position

Principal Securities Inc. lifted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report) by 4.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,319,425 shares of the company’s stock after purchasing an additional 99,982 shares during the quarter. Principal U.S. Small-Cap Multi-Factor ETF comprises approximately 2.1% of Principal Securities Inc.’s holdings, making the stock its 5th largest holding. Principal Securities Inc. owned approximately 0.08% of Principal U.S. Small-Cap Multi-Factor ETF worth $133,900,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. grew its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 100.6% during the 4th quarter. Principal Financial Group Inc. now owns 11,734,663 shares of the company’s stock worth $676,557,000 after purchasing an additional 5,885,091 shares during the period. Ameriprise Financial Inc. acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 3rd quarter worth approximately $75,388,000. LPL Financial LLC lifted its position in Principal U.S. Small-Cap Multi-Factor ETF by 58.0% during the 4th quarter. LPL Financial LLC now owns 810,402 shares of the company’s stock worth $46,785,000 after acquiring an additional 297,560 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in 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 worth $47,530,000 after acquiring an additional 7,655 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in 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 worth $31,932,000 after acquiring an additional 87,622 shares in the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Stock Performance

Principal U.S. Small-Cap Multi-Factor ETF stock opened at $66.82 on Friday. The stock’s 50 day moving average price is $63.19 and its 200 day moving average price is $60.57. The firm has a market capitalization of $2.10 billion, a PE ratio of 17.29 and a beta of 1.01. Principal U.S. Small-Cap Multi-Factor ETF has a one year low of $50.92 and a one year high of $66.90.

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

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.1078 per share. This is a boost from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.43 annualized dividend and a yield of 0.6%.

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

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

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