Principal Intl Equity Etf $PIEQ Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its position in shares of Principal Intl Equity Etf (NYSEARCA:PIEQ) by 24.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,275,016 shares of the company’s stock after purchasing an additional 443,633 shares during the period. Envestnet Asset Management Inc. owned 0.08% of Principal Intl Equity Etf worth $66,399,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. boosted its stake in Principal Intl Equity Etf by 6,089.9% in the first quarter. Principal Financial Group Inc. now owns 24,799,243 shares of the company’s stock valued at $604,762,000 after acquiring an additional 24,398,603 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new position in Principal Intl Equity Etf in the first quarter valued at $908,000. Finally, Smartleaf Asset Management LLC acquired a new position in Principal Intl Equity Etf in the first quarter valued at $707,000.

Principal Intl Equity Etf Price Performance

NYSEARCA PIEQ opened at $31.77 on Friday. Principal Intl Equity Etf has a 1 year low of $23.11 and a 1 year high of $32.70. The company has a market capitalization of $1.13 billion, a PE ratio of 15.46 and a beta of 1.11. The company has a fifty day moving average of $31.33 and a two-hundred day moving average of $29.39.

Principal Intl Equity Etf Profile

The Principal International Equity ETF (PIEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of companies outside the United States. Using proprietary fundamental research, the fund adviser surfaces companies considered underestimated by the market.