Principal Value ETF (NASDAQ:PY) Stock Price Down 0.1% – Time to Sell?

Posted by Alphonse Anthony on Apr 23rd, 2026

Principal Value ETF (NASDAQ:PY – Get Free Report)’s share price fell 0.1% during mid-day trading on Wednesday . The company traded as low as $53.04 and last traded at $53.09. 9,930 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 28,870 shares. The stock had previously closed at $53.15.

Principal Value ETF Price Performance

The stock’s 50-day moving average price is $52.33 and its 200-day moving average price is $52.24. The company has a market cap of $209.71 million, a P/E ratio of 17.40 and a beta of 0.87.

Principal Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.2158 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.86 annualized dividend and a yield of 1.6%.

Institutional Investors Weigh In On Principal Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Principal Value ETF during the second quarter worth about $117,000. Jane Street Group LLC bought a new stake in Principal Value ETF during the second quarter worth about $297,000. Kestra Advisory Services LLC bought a new stake in Principal Value ETF during the fourth quarter worth about $555,000. Citadel Advisors LLC bought a new stake in Principal Value ETF during the third quarter worth about $803,000. Finally, Smartleaf Asset Management LLC lifted its position in Principal Value ETF by 2.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 20,794 shares of the company’s stock worth $1,093,000 after purchasing an additional 473 shares during the period.

About Principal Value ETF

(Get Free Report)

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.