Wealth Enhancement Advisory Services LLC Has $6.13 Million Stock Holdings in Principal Value ETF (NASDAQ:PY)

Wealth Enhancement Advisory Services LLC lessened its holdings in Principal Value ETF (NASDAQ:PY) by 16.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 130,729 shares of the company’s stock after selling 25,142 shares during the period. Wealth Enhancement Advisory Services LLC owned 9.68% of Principal Value ETF worth $6,127,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Principal Securities Inc. bought a new position in Principal Value ETF in the 4th quarter valued at $26,516,000.

Principal Value ETF Price Performance

Shares of NASDAQ PY opened at $45.59 on Tuesday. Principal Value ETF has a one year low of $36.85 and a one year high of $46.93. The business’s fifty day moving average price is $45.44 and its 200-day moving average price is $44.72. The stock has a market capitalization of $63.37 million, a PE ratio of 19.65 and a beta of 1.15.

Principal Value ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be given a dividend of $0.263 per share. The ex-dividend date of this dividend is Monday, July 1st.

Principal Value ETF Profile

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.