GTS Financial LLC Acquires New Shares in Principal U.S. Small-Cap Multi-Factor ETF $PSC

GTS Financial LLC bought a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 31,511 shares of the company’s stock, valued at approximately $1,806,000. Principal U.S. Small-Cap Multi-Factor ETF comprises 1.3% of GTS Financial LLC’s investment portfolio, making the stock its 21st largest holding. GTS Financial LLC owned approximately 0.10% of Principal U.S. Small-Cap Multi-Factor ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Principal Financial Group Inc. lifted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 100.6% during the fourth quarter. Principal Financial Group Inc. now owns 11,734,663 shares of the company’s stock valued at $676,557,000 after purchasing an additional 5,885,091 shares in the last quarter. Ameriprise Financial Inc. purchased a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the third quarter valued at $75,388,000. LPL Financial LLC increased its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 58.0% in the 4th quarter. LPL Financial LLC now owns 810,402 shares of the company’s stock worth $46,785,000 after buying an additional 297,560 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 39.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,030,728 shares of the company’s stock worth $59,504,000 after buying an additional 289,331 shares in the last quarter. Finally, Veracity Capital LLC purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter worth about $15,270,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 0.7%

Shares of NASDAQ PSC opened at $68.49 on Friday. The firm’s 50-day moving average price is $67.50 and its 200-day moving average price is $62.99. The company has a market cap of $2.25 billion, a PE ratio of 17.29 and a beta of 1.00. Principal U.S. Small-Cap Multi-Factor ETF has a 52-week low of $51.34 and a 52-week high of $70.56.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.0868 per share. The ex-dividend date was Wednesday, July 1st. This represents a $0.35 dividend on an annualized basis 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.