Greenwich Wealth Management LLC Trims Holdings in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Greenwich Wealth Management LLC cut its position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 69.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,636 shares of the company’s stock after selling 12,791 shares during the quarter. Greenwich Wealth Management LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $300,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Integrity Financial Corp WA purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the 2nd quarter worth approximately $1,443,000. Smartleaf Asset Management LLC boosted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 68.1% during the first quarter. Smartleaf Asset Management LLC now owns 11,271 shares of the company’s stock worth $543,000 after purchasing an additional 4,567 shares during the last quarter. Truist Financial Corp acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the second quarter worth $14,445,000. Ameriflex Group Inc. grew its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 14.3% in the second quarter. Ameriflex Group Inc. now owns 4,681 shares of the company’s stock valued at $248,000 after purchasing an additional 584 shares during the period. Finally, LPL Financial LLC increased its stake in Principal U.S. Small-Cap Multi-Factor ETF by 10.0% in the first quarter. LPL Financial LLC now owns 173,714 shares of the company’s stock valued at $8,435,000 after purchasing an additional 15,734 shares during the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Trading Up 0.3%

NASDAQ PSC opened at $58.02 on Monday. The business’s 50-day moving average price is $56.60 and its 200 day moving average price is $54.58. Principal U.S. Small-Cap Multi-Factor ETF has a twelve month low of $42.36 and a twelve month high of $58.58. The company has a market capitalization of $1.43 billion, a PE ratio of 17.29 and a beta of 1.07.

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.