Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Stock Price Up 0.6% – Here’s What Happened

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCGet Free Report)’s share price was up 0.6% on Thursday . The company traded as high as $69.35 and last traded at $69.29. Approximately 55,951 shares changed hands during trading, a decline of 63% from the average daily volume of 151,835 shares. The stock had previously closed at $68.91.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 0.6%

The stock has a market capitalization of $2.28 billion, a PE ratio of 17.29 and a beta of 1.01. The stock has a fifty day moving average of $69.08 and a 200-day moving average of $64.57.

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. Stockholders of record on Wednesday, July 1st were given a dividend of $0.0868 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 0.5%.

Institutional Trading of Principal U.S. Small-Cap Multi-Factor ETF

A number of large investors have recently made changes to their positions in the company. Fifth Third Bancorp acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the first quarter valued at approximately $179,000. Redwood Financial Network Corp purchased a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter valued at approximately $218,000. Goldman Sachs Group Inc. purchased a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter valued at approximately $231,000. truNorth Financial Services Inc. acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter valued at $236,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 3rd quarter valued at $313,000.

Principal U.S. Small-Cap Multi-Factor ETF Company Profile

(Get Free Report)

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.

Further Reading

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