Principal Securities Inc. Has $122.76 Million Stake in Principal International Equity ETF $PIEQ

Principal Securities Inc. increased its stake in shares of Principal International Equity ETF (BATS:PIEQ) by 18.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,724,528 shares of the company’s stock after acquiring an additional 589,289 shares during the period. Principal International Equity ETF makes up about 1.9% of Principal Securities Inc.’s holdings, making the stock its 6th largest holding. Principal Securities Inc. owned 0.10% of Principal International Equity ETF worth $122,760,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PIEQ. Smartleaf Asset Management LLC grew its stake in Principal International Equity ETF by 36.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 36,366 shares of the company’s stock worth $1,058,000 after buying an additional 9,807 shares during the last quarter. Citadel Advisors LLC bought a new position in Principal International Equity ETF during the 3rd quarter worth $1,271,000. Next Level Private LLC bought a new position in Principal International Equity ETF during the 4th quarter worth $816,000. Capital Investment Advisory Services LLC grew its stake in Principal International Equity ETF by 23.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 80,432 shares of the company’s stock worth $2,651,000 after buying an additional 15,540 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in Principal International Equity ETF by 33.1% during the 4th quarter. Principal Financial Group Inc. now owns 31,482,097 shares of the company’s stock worth $1,034,146,000 after buying an additional 7,822,100 shares during the last quarter.

Principal International Equity ETF Price Performance

Shares of PIEQ opened at $35.85 on Friday. The company has a market cap of $948.59 million and a P/E ratio of 15.46. The stock has a fifty day moving average price of $35.25 and a 200 day moving average price of $34.42. Principal International Equity ETF has a 12 month low of $27.82 and a 12 month high of $36.60.

Principal International Equity ETF 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.