Principal Financial Group Inc. Takes $9.68 Million Position in Principal Intl Equity Etf (NYSEARCA:PIEQ)

Principal Financial Group Inc. bought a new stake in Principal Intl Equity Etf (NYSEARCA:PIEQ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 400,640 shares of the company’s stock, valued at approximately $9,684,000.

Principal Intl Equity Etf Price Performance

PIEQ opened at $26.68 on Friday. The firm has a fifty day simple moving average of $25.31. The stock has a market capitalization of $60.83 million and a price-to-earnings ratio of 14.80. Principal Intl Equity Etf has a 12-month low of $24.01 and a 12-month high of $27.02.

About Principal Intl Equity Etf

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.