Envestnet Asset Management Inc. Increases Stake in Principal Intl Equity Etf $PIEQ

Envestnet Asset Management Inc. increased its position in shares of Principal Intl Equity Etf (NYSEARCA:PIEQ) by 26.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,867,217 shares of the company’s stock after purchasing an additional 592,201 shares during the period. Envestnet Asset Management Inc. owned approximately 0.08% of Principal Intl Equity Etf worth $90,747,000 at the end of the most recent quarter.

Separately, Smartleaf Asset Management LLC raised its position in Principal Intl Equity Etf by 36.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 36,366 shares of the company’s stock worth $1,058,000 after purchasing an additional 9,807 shares during the period.

Principal Intl Equity Etf Price Performance

Shares of NYSEARCA:PIEQ opened at $35.30 on Friday. The firm has a market capitalization of $1.28 billion, a PE ratio of 15.46 and a beta of 1.11. The business has a 50 day simple moving average of $33.66 and a two-hundred day simple moving average of $32.01. Principal Intl Equity Etf has a 1 year low of $23.11 and a 1 year high of $35.50.

Principal Intl Equity Etf Profile

The Principal International Equity ETF (PIEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of companies outside the United States. Using proprietary fundamental research, the fund adviser surfaces companies considered underestimated by the market. PIEQ was launched on Nov 5, 2024 and is issued by Principal.