GTS Financial LLC Makes New Investment in Principal U.S. Small-Cap Multi-Factor ETF $PSC

GTS Financial LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 31,511 shares of the company’s stock, valued at approximately $1,806,000. Principal U.S. Small-Cap Multi-Factor ETF makes up 1.3% of GTS Financial LLC’s portfolio, making the stock its 21st largest position.

A number of other hedge funds have also recently made changes to their positions in PSC. Principal Financial Group Inc. grew its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 6.9% during the first quarter. Principal Financial Group Inc. now owns 12,549,404 shares of the company’s stock worth $719,094,000 after purchasing an additional 814,741 shares in the last quarter. Principal Securities Inc. raised its stake in Principal U.S. Small-Cap Multi-Factor ETF by 4.5% during the 4th quarter. Principal Securities Inc. now owns 2,319,425 shares of the company’s stock valued at $133,900,000 after purchasing an additional 99,982 shares during the period. Ameriprise Financial Inc. purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 3rd quarter worth approximately $75,388,000. Wells Fargo & Company MN lifted its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 39.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,030,728 shares of the company’s stock worth $59,504,000 after purchasing an additional 289,331 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 58.0% in the 4th quarter. LPL Financial LLC now owns 810,402 shares of the company’s stock worth $46,785,000 after purchasing an additional 297,560 shares during the period.

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

Shares of PSC opened at $68.49 on Friday. The firm has a market cap of $2.25 billion, a P/E ratio of 17.29 and a beta of 1.00. Principal U.S. Small-Cap Multi-Factor ETF has a 1 year low of $51.34 and a 1 year high of $70.56. The company has a 50 day simple moving average of $67.50 and a two-hundred day simple moving average of $62.99.

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

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.0868 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, July 1st.

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.

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

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