Northwest Wealth Advisors LLC Buys New Position in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Northwest Wealth Advisors LLC bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) during the fourth quarter, HoldingsChannel.com reports. The fund bought 33,147 shares of the company’s stock, valued at approximately $1,914,000. Principal U.S. Small-Cap Multi-Factor ETF makes up about 1.5% of Northwest Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brookwood Investment Group LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter valued at approximately $992,000. Creative Financial Designs Inc. ADV acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the 3rd quarter valued at approximately $2,302,000. RFG Bristol Wealth Advisors LLC raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 8.4% in the 4th quarter. RFG Bristol Wealth Advisors LLC now owns 128,134 shares of the company’s stock valued at $7,397,000 after buying an additional 9,888 shares during the last quarter. Truist Financial Corp raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 3.0% in the 4th quarter. Truist Financial Corp now owns 333,045 shares of the company’s stock valued at $19,227,000 after buying an additional 9,582 shares during the last quarter. Finally, WealthCare Investment Partners LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the 3rd quarter valued at approximately $598,000.

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

Shares of Principal U.S. Small-Cap Multi-Factor ETF stock opened at $63.90 on Friday. The business’s 50 day simple moving average is $60.66 and its 200 day simple moving average is $59.54. The firm has a market cap of $2.01 billion, a PE ratio of 17.29 and a beta of 1.01. Principal U.S. Small-Cap Multi-Factor ETF has a 52-week low of $49.90 and a 52-week high of $64.99.

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

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were paid a $0.1078 dividend. This is a positive change from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08. This represents a $0.43 dividend on an annualized basis 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.