Legacy CG LLC Purchases 121,746 Shares of Principal U.S. Small-Cap Multi-Factor ETF $PSC

Legacy CG LLC increased its position in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 204.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 181,266 shares of the company’s stock after acquiring an additional 121,746 shares during the period. Principal U.S. Small-Cap Multi-Factor ETF makes up 3.0% of Legacy CG LLC’s portfolio, making the stock its 12th biggest position. Legacy CG LLC owned approximately 0.45% of Principal U.S. Small-Cap Multi-Factor ETF worth $12,096,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of PSC. Principal Financial Group Inc. boosted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 6.9% during the 1st quarter. Principal Financial Group Inc. now owns 12,549,404 shares of the company’s stock valued at $719,094,000 after purchasing an additional 814,741 shares during the period. Royal Bank of Canada grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 6.4% in the 1st quarter. Royal Bank of Canada now owns 406,744 shares of the company’s stock worth $23,316,000 after purchasing an additional 24,468 shares during the last quarter. Veracity Capital LLC grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 1.4% in the 3rd quarter. Veracity Capital LLC now owns 246,523 shares of the company’s stock worth $16,450,000 after purchasing an additional 3,494 shares during the last quarter. First Heartland Consultants Inc. acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the third quarter valued at approximately $10,450,000. Finally, RFG Bristol Wealth Advisors LLC increased its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 3.7% in the third quarter. RFG Bristol Wealth Advisors LLC now owns 147,921 shares of the company’s stock valued at $9,871,000 after purchasing an additional 5,227 shares during the period.

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

PSC opened at $68.13 on Wednesday. The business’s 50 day moving average is $68.00 and its 200-day moving average is $64.85. The stock has a market cap of $2.72 billion, a PE ratio of 17.29 and a beta of 1.02. Principal U.S. Small-Cap Multi-Factor ETF has a twelve month low of $53.73 and a twelve month high of $70.90.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were issued a $0.1257 dividend. This is a positive change from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.0868. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.50 dividend on an annualized basis and a yield of 0.7%.

About Principal U.S. Small-Cap Multi-Factor ETF

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.