Spartan Wealth Advisory Services LLC Takes $1.18 Million Position in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Spartan Wealth Advisory Services LLC acquired a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 20,585 shares of the company’s stock, valued at approximately $1,180,000. Spartan Wealth Advisory Services LLC owned about 0.07% of Principal U.S. Small-Cap Multi-Factor ETF as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Fifth Third Bancorp acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the first quarter valued at $179,000. Redwood Financial Network Corp acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter worth about $218,000. Goldman Sachs Group Inc. acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter worth about $231,000. truNorth Financial Services Inc. purchased a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter worth about $236,000. Finally, Round Rock Advisors LLC purchased a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter worth about $274,000.

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

NASDAQ PSC opened at $68.23 on Monday. The firm has a market capitalization of $2.29 billion, a P/E ratio of 17.29 and a beta of 1.00. Principal U.S. Small-Cap Multi-Factor ETF has a 1-year low of $51.34 and a 1-year high of $70.56. The business’s 50-day simple moving average is $66.71 and its 200-day simple moving average is $62.41.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.0868 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $0.35 annualized dividend and a yield of 0.5%.

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.