Principal Value ETF (NASDAQ:PY) Trading Down 0.2% – Here’s Why

Posted by Stanley Muller on Aug 7th, 2026

Principal Value ETF (NASDAQ:PY – Get Free Report)’s stock price dropped 0.2% on Thursday . The stock traded as low as $56.93 and last traded at $57.07. Approximately 12,902 shares were traded during mid-day trading, a decline of 40% from the average session volume of 21,666 shares. The stock had previously closed at $57.21.

Principal Value ETF Stock Down 0.2%

The company has a market cap of $237.98 million, a price-to-earnings ratio of 17.40 and a beta of 0.83. The stock’s 50-day simple moving average is $54.96 and its 200 day simple moving average is $53.54.

Principal Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.263 per share. This represents a $1.05 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from Principal Value ETF’s previous quarterly dividend of $0.22.

Hedge Funds Weigh In On Principal Value ETF

Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. grew its stake in Principal Value ETF by 155.0% during the 1st quarter. Principal Financial Group Inc. now owns 1,973,436 shares of the company’s stock worth $101,636,000 after buying an additional 1,199,677 shares during the last quarter. Integrity Wealth Partners LLC acquired a new position in shares of Principal Value ETF during the first quarter worth about $308,000. Kestra Advisory Services LLC purchased a new position in shares of Principal Value ETF during the 4th quarter worth approximately $555,000. Smartleaf Asset Management LLC raised its position in Principal Value ETF by 2.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 20,794 shares of the company’s stock worth $1,093,000 after acquiring an additional 473 shares in the last quarter. Finally, Principal Securities Inc. lifted its holdings in Principal Value ETF by 24.0% in the fourth quarter. Principal Securities Inc. now owns 1,157,632 shares of the company’s stock valued at $60,419,000 after acquiring an additional 224,296 shares during the period.

About Principal Value ETF

(Get Free Report)

The Principal Value ETF (PY) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield. PY was launched on Mar 21, 2016 and is managed by Principal.