Kraft Davis & Associates LLC Lowers Stake in Principal International Equity ETF $PIEQ

Kraft Davis & Associates LLC lessened its position in Principal International Equity ETF (BATS:PIEQ) by 36.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,404 shares of the company’s stock after selling 38,365 shares during the period. Kraft Davis & Associates LLC owned about 0.25% of Principal International Equity ETF worth $2,386,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Wealthspire Retirement LLC purchased a new stake in Principal International Equity ETF in the 1st quarter worth approximately $244,000. Commonwealth Equity Services LLC purchased a new position in shares of Principal International Equity ETF during the 4th quarter worth $277,000. Next Level Private LLC lifted its stake in shares of Principal International Equity ETF by 2.7% during the 1st quarter. Next Level Private LLC now owns 25,442 shares of the company’s stock worth $864,000 after purchasing an additional 677 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Principal International Equity ETF by 36.9% during the second quarter. Smartleaf Asset Management LLC now owns 36,366 shares of the company’s stock worth $1,058,000 after purchasing an additional 9,807 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of Principal International Equity ETF in the third quarter valued at $1,271,000.

Principal International Equity ETF Stock Up 0.4%

Shares of BATS:PIEQ opened at $36.83 on Tuesday. The company has a market cap of $974.52 million and a P/E ratio of 15.46. The business has a fifty day simple moving average of $35.80 and a 200-day simple moving average of $35.22. Principal International Equity ETF has a 52 week low of $29.76 and a 52 week high of $37.41.

About Principal International Equity ETF

The Principal International Equity ETF (PIEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of companies outside the United States. Using proprietary fundamental research, the fund adviser surfaces companies considered underestimated by the market. PIEQ was launched on Nov 5, 2024 and is issued by Principal.