Principal U.S. Mega-Cap Multi-Factor Index ETF (NASDAQ:USMC) Trading 0.9% Higher

Principal U.S. Mega-Cap Multi-Factor Index ETF (NASDAQ:USMC) shares traded up 0.9% during mid-day trading on Friday . The company traded as high as $30.77 and last traded at $30.77, 833 shares traded hands during mid-day trading. A decline of 99% from the average session volume of 64,547 shares. The stock had previously closed at $30.49.

The firm has a 50-day moving average price of $30.04 and a 200 day moving average price of $29.21.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada purchased a new stake in Principal U.S. Mega-Cap Multi-Factor Index ETF in the second quarter worth approximately $58,000. Commonwealth Equity Services LLC purchased a new stake in shares of Principal U.S. Mega-Cap Multi-Factor Index ETF in the 2nd quarter valued at $302,000. Advisor Group Inc. boosted its stake in shares of Principal U.S. Mega-Cap Multi-Factor Index ETF by 18.6% in the 2nd quarter. Advisor Group Inc. now owns 10,902 shares of the company’s stock valued at $317,000 after purchasing an additional 1,710 shares in the last quarter. Mutual Advisors LLC bought a new position in shares of Principal U.S. Mega-Cap Multi-Factor Index ETF during the 2nd quarter valued at $345,000. Finally, SeaCrest Wealth Management LLC bought a new position in shares of Principal U.S. Mega-Cap Multi-Factor Index ETF during the 3rd quarter valued at $428,000.

See Also: Cash Asset Ratio

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