Wealth Enhancement Advisory Services LLC Has $5.04 Million Stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Wealth Enhancement Advisory Services LLC lifted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 6.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,741 shares of the company’s stock after buying an additional 5,722 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.96% of Principal U.S. Small-Cap Multi-Factor ETF worth $5,044,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Raymond James & Associates acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth about $345,000. Belpointe Asset Management LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the third quarter worth approximately $588,000. International Assets Investment Management LLC acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at approximately $61,000. Principal Financial Group Inc. lifted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 47.1% in the fourth quarter. Principal Financial Group Inc. now owns 9,201,742 shares of the company’s stock valued at $422,733,000 after buying an additional 2,947,405 shares during the period. Finally, Principal Securities Inc. bought a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth approximately $9,489,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Down 0.9 %

Shares of PSC stock opened at $47.69 on Tuesday. The firm has a 50 day moving average of $48.04 and a 200-day moving average of $47.27. The company has a market cap of $513.10 million, a price-to-earnings ratio of 9.54 and a beta of 1.19. Principal U.S. Small-Cap Multi-Factor ETF has a 52 week low of $37.78 and a 52 week high of $49.82.

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

The business also recently declared a dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st will be issued a $0.0991 dividend. This is a boost from Principal U.S. Small-Cap Multi-Factor ETF’s previous dividend of $0.10. The ex-dividend date of this dividend is Monday, July 1st.

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