Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Reaches New 52-Week High – Here’s Why

Posted by Alphonse Anthony on May 6th, 2026

Principal U.S. Mega-Cap ETF (NASDAQ:USMC – Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $71.34 and last traded at $71.30, with a volume of 1254 shares. The stock had previously closed at $70.37.

Principal U.S. Mega-Cap ETF Stock Up 0.7%

The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 27.59 and a beta of 0.95. The stock’s fifty day moving average is $66.81 and its 200-day moving average is $67.70.

Principal U.S. Mega-Cap ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a dividend of $0.1463 per share. This is an increase from Principal U.S. Mega-Cap ETF’s previous quarterly dividend of $0.14. This represents a $0.59 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, April 1st.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Huntington National Bank acquired a new position in Principal U.S. Mega-Cap ETF during the fourth quarter valued at approximately $25,000. Abound Financial LLC acquired a new position in Principal U.S. Mega-Cap ETF during the fourth quarter valued at approximately $29,000. Grey Fox Wealth Advisors LLC acquired a new position in Principal U.S. Mega-Cap ETF during the third quarter valued at approximately $75,000. Fifth Third Bancorp acquired a new position in Principal U.S. Mega-Cap ETF during the first quarter valued at approximately $80,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Principal U.S. Mega-Cap ETF during the fourth quarter valued at approximately $147,000.

Principal U.S. Mega-Cap ETF Company Profile

(Get Free Report)

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.