15,041 Shares in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Bought by Visionary Wealth Advisors

Visionary Wealth Advisors bought a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,041 shares of the company’s stock, valued at approximately $771,000.

Other hedge funds have also bought and sold shares of the company. Capital Investment Advisory Services LLC increased its stake in Principal U.S. Small-Cap Multi-Factor ETF by 187.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,940 shares of the company’s stock valued at $99,000 after purchasing an additional 1,265 shares in the last quarter. Comerica Bank bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at $196,000. Stratos Investment Management LLC bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at $204,000. Avaii Wealth Management LLC bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at $221,000. Finally, Smartleaf Asset Management LLC increased its stake in Principal U.S. Small-Cap Multi-Factor ETF by 28.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 6,704 shares of the company’s stock valued at $343,000 after purchasing an additional 1,502 shares in the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Trading Up 0.1%

PSC opened at $51.80 on Wednesday. Principal U.S. Small-Cap Multi-Factor ETF has a 1-year low of $42.36 and a 1-year high of $57.24. The company has a market cap of $799.79 million, a P/E ratio of 15.84 and a beta of 1.19. The company has a fifty day moving average price of $48.00 and a two-hundred day moving average price of $51.24.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.1103 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Tuesday, 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.