Avaii Wealth Management LLC Sells 459 Shares of Principal U.S. Small-Cap Multi-Factor ETF $PSC

Avaii Wealth Management LLC lessened its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 10.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,997 shares of the company’s stock after selling 459 shares during the period. Avaii Wealth Management LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $213,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. SeaCrest Wealth Management LLC increased its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 4.3% in the second quarter. SeaCrest Wealth Management LLC now owns 5,050 shares of the company’s stock worth $269,000 after purchasing an additional 207 shares during the period. First Horizon Advisors Inc. bought a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 1st quarter valued at about $47,000. Cambridge Investment Research Advisors Inc. raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 23.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 9,492 shares of the company’s stock valued at $461,000 after buying an additional 1,781 shares in the last quarter. Private Advisor Group LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 26.6% in the 1st quarter. Private Advisor Group LLC now owns 16,861 shares of the company’s stock valued at $819,000 after buying an additional 3,543 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 68.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 11,271 shares of the company’s stock worth $543,000 after acquiring an additional 4,567 shares in the last quarter.

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

Shares of PSC opened at $56.81 on Thursday. Principal U.S. Small-Cap Multi-Factor ETF has a 52-week low of $42.36 and a 52-week high of $58.24. The firm has a market cap of $840.79 million, a price-to-earnings ratio of 17.29 and a beta of 1.19. The business’s fifty day moving average is $54.77 and its 200-day moving average is $51.56.

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.