150,760 Shares in Principal U.S. Small-Cap Multi-Factor ETF $PSC Purchased by First Heartland Consultants Inc.

First Heartland Consultants Inc. acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 150,760 shares of the company’s stock, valued at approximately $10,572,000.

Several other large investors have also modified their holdings of PSC. Fifth Third Bancorp purchased a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the first quarter worth approximately $179,000. Redwood Financial Network Corp bought a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth approximately $218,000. Goldman Sachs Group Inc. purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter valued at $231,000. truNorth Financial Services Inc. bought a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter valued at $236,000. Finally, Round Rock Advisors LLC bought a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter valued at $274,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 0.9%

PSC stock opened at $69.83 on Friday. The business’s fifty day simple moving average is $67.98 and its two-hundred day simple moving average is $63.35. Principal U.S. Small-Cap Multi-Factor ETF has a twelve month low of $52.59 and a twelve month high of $70.63. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 17.29 and a beta of 1.01.

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

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.0868 dividend. The ex-dividend date 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 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.