Principal U.S. Small-Cap Multi-Factor ETF $PSC Shares Bought by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC boosted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 66.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 43,169 shares of the company’s stock after acquiring an additional 17,159 shares during the period. Greenwich Wealth Management LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $2,492,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Redwood Financial Network Corp acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $218,000. Round Rock Advisors LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $274,000. Cozad Asset Management Inc. acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the third quarter valued at $280,000. KPP Advisory Services LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $298,000. Finally, Advisory Services Network LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the third quarter valued at $313,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Performance

PSC stock opened at $65.75 on Wednesday. The firm has a market cap of $2.07 billion, a PE ratio of 17.29 and a beta of 1.01. The firm’s fifty day moving average is $61.80 and its 200 day moving average is $59.98. Principal U.S. Small-Cap Multi-Factor ETF has a one year low of $50.92 and a one year high of $66.35.

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

The company also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.1078 per share. This is a boost from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08. This represents a $0.43 annualized dividend and a yield of 0.7%. The ex-dividend date was Wednesday, April 1st.

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

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.