PSI Advisors LLC Reduces Stock Holdings in Principal U.S. Small-Cap Multi-Factor ETF $PSC

PSI Advisors LLC decreased its position in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report) by 5.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 134,848 shares of the company’s stock after selling 8,446 shares during the period. Principal U.S. Small-Cap Multi-Factor ETF comprises about 2.0% of PSI Advisors LLC’s portfolio, making the stock its 12th biggest holding. PSI Advisors LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $7,785,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Sheets Smith Wealth Management lifted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 4.6% in the fourth quarter. Sheets Smith Wealth Management now owns 11,877 shares of the company’s stock valued at $686,000 after purchasing an additional 517 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 1.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 40,990 shares of the company’s stock worth $2,366,000 after acquiring an additional 585 shares in the last quarter. SeaCrest Wealth Management LLC lifted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 14.3% during the fourth quarter. SeaCrest Wealth Management LLC now owns 6,997 shares of the company’s stock worth $417,000 after acquiring an additional 877 shares in the last quarter. Arete Wealth Advisors LLC lifted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 1.5% during the third quarter. Arete Wealth Advisors LLC now owns 59,876 shares of the company’s stock worth $3,411,000 after acquiring an additional 906 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 48.3% during the fourth quarter. Farther Finance Advisors LLC now owns 5,979 shares of the company’s stock worth $345,000 after acquiring an additional 1,948 shares in the last quarter.

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

NASDAQ:PSC opened at $65.76 on Thursday. The company has a market cap of $2.07 billion, a P/E ratio of 17.29 and a beta of 1.01. The stock’s fifty day moving average price is $61.28 and its two-hundred day moving average price is $59.79. Principal U.S. Small-Cap Multi-Factor ETF has a 1 year low of $50.44 and a 1 year high of $66.10.

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

The business also recently announced a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.1078 per share. This is an increase from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08. This represents a $0.43 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, April 1st.

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

(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

Want to see what other hedge funds are holding PSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report).

Institutional Ownership by Quarter for Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

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