Principal International Equity ETF (BATS:PIEQ) Sees Significant Decrease in Short Interest

Principal International Equity ETF (BATS:PIEQ) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 12,665 shares, a decrease of 72.3% from the September 15th total of 45,644 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 85,487 shares, the days-to-cover ratio is presently 0.1 days.

Principal International Equity ETF Price Performance

BATS PIEQ opened at $35.49 on Tuesday. The stock has a market capitalization of $939.07 million and a price-to-earnings ratio of 15.46. Principal International Equity ETF has a 1-year low of $31.22 and a 1-year high of $37.58. The business’s fifty day moving average price is $36.66 and its 200-day moving average price is $35.79.

Institutional Trading of Principal International Equity ETF

A number of hedge funds have recently bought and sold shares of PIEQ. Wealthspire Retirement LLC purchased a new position in Principal International Equity ETF in the first quarter worth about $244,000. Next Level Private LLC increased its position 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 valued at $864,000 after purchasing an additional 677 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Principal International Equity ETF by 71.9% during the 1st quarter. Private Advisor Group LLC now owns 45,249 shares of the company’s stock valued at $1,537,000 after purchasing an additional 18,933 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Principal International Equity ETF by 182.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,553,734 shares of the company’s stock worth $378,774,000 after purchasing an additional 6,820,652 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in shares of Principal International Equity ETF by 0.3% in the 1st quarter. Principal Financial Group Inc. now owns 31,588,206 shares of the company’s stock worth $1,053,284,000 after purchasing an additional 106,109 shares during the period.

Principal International Equity ETF Company Profile

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.