Principal Securities Inc. Purchases 589,289 Shares of Principal International Equity ETF $PIEQ

Principal Securities Inc. lifted its position in shares of Principal International Equity ETF (BATS:PIEQ) by 18.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,724,528 shares of the company’s stock after acquiring an additional 589,289 shares during the period. Principal International Equity ETF comprises approximately 1.9% of Principal Securities Inc.’s holdings, making the stock its 6th largest holding. Principal Securities Inc. owned about 10.28% of Principal International Equity ETF worth $122,760,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC raised its position in shares of Principal International Equity ETF by 36.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 36,366 shares of the company’s stock valued at $1,058,000 after acquiring an additional 9,807 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in shares of Principal International Equity ETF by 23.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 80,432 shares of the company’s stock valued at $2,651,000 after acquiring an additional 15,540 shares in the last quarter. Next Level Private LLC acquired a new stake in shares of Principal International Equity ETF during the 4th quarter valued at approximately $816,000. Citadel Advisors LLC acquired a new stake in shares of Principal International Equity ETF during the 3rd quarter valued at approximately $1,271,000. Finally, Principal Financial Group Inc. raised its position in shares of Principal International Equity ETF by 33.1% during the 4th quarter. Principal Financial Group Inc. now owns 31,482,097 shares of the company’s stock valued at $1,034,146,000 after acquiring an additional 7,822,100 shares in the last quarter.

Principal International Equity ETF Trading Up 2.8%

PIEQ stock opened at $35.85 on Friday. The firm has a market cap of $948.59 million and a P/E ratio of 15.46. Principal International Equity ETF has a 12-month low of $27.82 and a 12-month high of $36.60. The stock’s 50 day simple moving average is $35.25 and its 200 day simple moving average is $34.42.

About Principal International Equity ETF

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. PIEQ was launched on Nov 5, 2024 and is issued by Principal.