Principal U.S. Small-Cap Multi-Factor ETF $PSC Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 478.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,575 shares of the company’s stock after buying an additional 55,902 shares during the period. Kestra Advisory Services LLC owned about 0.22% of Principal U.S. Small-Cap Multi-Factor ETF worth $3,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PSC. Sheets Smith Wealth Management raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 4.6% during the fourth quarter. Sheets Smith Wealth Management now owns 11,877 shares of the company’s stock worth $686,000 after acquiring an additional 517 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 1.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 40,990 shares of the company’s stock worth $2,366,000 after purchasing an additional 585 shares in the last quarter. Integrity Financial Corp WA increased its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 2.3% during the fourth quarter. Integrity Financial Corp WA now owns 32,626 shares of the company’s stock worth $1,883,000 after purchasing an additional 722 shares in the last quarter. SeaCrest Wealth Management LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 14.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 6,997 shares of the company’s stock worth $417,000 after purchasing an additional 877 shares during the last quarter. Finally, Great Valley Advisor Group Inc. raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 1.5% during the 4th quarter. Great Valley Advisor Group Inc. now owns 73,049 shares of the company’s stock worth $4,217,000 after purchasing an additional 1,053 shares during the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Trading Up 0.1%

PSC stock opened at $68.67 on Friday. Principal U.S. Small-Cap Multi-Factor ETF has a 12-month low of $51.34 and a 12-month high of $70.56. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 17.29 and a beta of 1.00. The business’s 50-day moving average is $66.64 and its 200 day moving average is $62.35.

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

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.0868 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 0.5%.

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.