Walleye Partners LLC Buys Shares of 20,367 Principal U.S. Small-Cap Multi-Factor ETF $PSC

Walleye Partners LLC bought a new position in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 20,367 shares of the company’s stock, valued at approximately $1,168,000. Principal U.S. Small-Cap Multi-Factor ETF accounts for 1.4% of Walleye Partners LLC’s holdings, making the stock its 10th biggest holding. Walleye Partners LLC owned 0.06% of Principal U.S. Small-Cap Multi-Factor ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in PSC. Redwood Financial Network Corp bought a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at about $218,000. Goldman Sachs Group Inc. purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter worth about $231,000. truNorth Financial Services Inc. bought a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth about $236,000. Round Rock Advisors LLC bought a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth about $274,000. Finally, KPP Advisory Services LLC purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter valued at about $298,000.

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

NASDAQ:PSC opened at $69.12 on Monday. Principal U.S. Small-Cap Multi-Factor ETF has a one year low of $51.34 and a one year high of $69.48. The firm has a market cap of $2.17 billion, a P/E ratio of 17.29 and a beta of 1.01. The firm has a 50-day simple moving average of $65.06 and a 200-day simple moving average of $61.36.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Investors 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 is a positive change from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08. This represents a $0.43 annualized dividend and a yield of 0.6%.

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

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.