Principal U.S. Small-Cap Multi-Factor ETF $PSC Shares Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 1.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,849,572 shares of the company’s stock after acquiring an additional 64,391 shares during the quarter. Principal Financial Group Inc. owned 23.84% of Principal U.S. Small-Cap Multi-Factor ETF worth $332,808,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Truist Financial Corp purchased a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the second quarter valued at approximately $14,445,000. Ameritas Advisory Services LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 2nd quarter worth approximately $79,000. Gilliland Jeter Wealth Management LLC purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 2nd quarter valued at approximately $435,000. Hudson Capital Management LLC acquired a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the second quarter worth $9,321,000. Finally, Kraft Davis & Associates LLC grew its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 20.6% in the second quarter. Kraft Davis & Associates LLC now owns 22,079 shares of the company’s stock worth $1,179,000 after acquiring an additional 3,770 shares in the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Trading Down 1.4%

Shares of NASDAQ PSC opened at $60.05 on Monday. The stock has a market cap of $1.69 billion, a P/E ratio of 17.29 and a beta of 1.07. The business’s fifty day simple moving average is $59.19 and its 200-day simple moving average is $56.82. Principal U.S. Small-Cap Multi-Factor ETF has a 12-month low of $42.36 and a 12-month high of $62.17.

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

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.