Commonwealth Equity Services LLC Increases Stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Commonwealth Equity Services LLC lifted its stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 75.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,812 shares of the company’s stock after buying an additional 11,492 shares during the quarter. Commonwealth Equity Services LLC owned about 0.18% of Principal U.S. Small-Cap Multi-Factor ETF worth $1,375,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at about $7,335,000. Steward Partners Investment Advisory LLC grew its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 192.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,548 shares of the company’s stock worth $592,000 after purchasing an additional 7,594 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Principal U.S. Small-Cap Multi-Factor ETF by 28.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 6,704 shares of the company’s stock valued at $343,000 after purchasing an additional 1,502 shares during the period. Private Advisor Group LLC purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter worth approximately $683,000. Finally, Principal Securities Inc. boosted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 30.9% in the 4th quarter. Principal Securities Inc. now owns 1,698,105 shares of the company’s stock worth $87,062,000 after purchasing an additional 400,614 shares during the period.

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

Principal U.S. Small-Cap Multi-Factor ETF stock opened at $48.22 on Monday. Principal U.S. Small-Cap Multi-Factor ETF has a 1 year low of $45.88 and a 1 year high of $57.24. The firm’s 50 day moving average price is $51.40 and its 200-day moving average price is $52.26. The stock has a market cap of $709.80 million, a P/E ratio of 15.95 and a beta of 1.19.

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

The business also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a $0.00 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.