Ameriflex Group Inc. Invests $222,000 in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Ameriflex Group Inc. bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,146 shares of the company’s stock, valued at approximately $222,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Avaii Wealth Management LLC acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter valued at about $221,000. Capital Investment Advisory Services LLC raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 187.4% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,940 shares of the company’s stock valued at $99,000 after acquiring an additional 1,265 shares in the last quarter. Stratos Investment Management LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at approximately $204,000. Legacy CG LLC lifted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 17.5% in the fourth quarter. Legacy CG LLC now owns 246,587 shares of the company’s stock valued at $12,643,000 after acquiring an additional 36,792 shares during the last quarter. Finally, Principal Securities Inc. grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 30.9% in the fourth quarter. Principal Securities Inc. now owns 1,698,105 shares of the company’s stock worth $87,062,000 after acquiring an additional 400,614 shares in the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Trading Down 0.2%

Principal U.S. Small-Cap Multi-Factor ETF stock opened at $50.31 on Monday. 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 firm’s fifty day simple moving average is $48.11 and its 200-day simple moving average is $51.16. The company has a market capitalization of $776.79 million, a P/E ratio of 15.84 and a beta of 1.19.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.1103 per share. The ex-dividend date was Tuesday, April 1st. This represents a $0.44 annualized dividend and a yield of 0.88%.

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.