First Heartland Consultants Inc. Acquires Shares of 150,760 Principal U.S. Small-Cap Multi-Factor ETF $PSC

First Heartland Consultants Inc. acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 150,760 shares of the company’s stock, valued at approximately $10,572,000. First Heartland Consultants Inc. owned approximately 0.45% of Principal U.S. Small-Cap Multi-Factor ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Cozad Asset Management Inc. raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 85.7% during the 1st quarter. Cozad Asset Management Inc. now owns 11,751 shares of the company’s stock valued at $674,000 after buying an additional 5,422 shares in the last quarter. Arete Wealth Advisors LLC grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 4.3% in the first quarter. Arete Wealth Advisors LLC now owns 65,093 shares of the company’s stock worth $3,727,000 after acquiring an additional 2,693 shares in the last quarter. GTS Financial LLC purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the first quarter valued at approximately $1,806,000. Royal Bank of Canada raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 6.4% during the first quarter. Royal Bank of Canada now owns 406,744 shares of the company’s stock valued at $23,316,000 after purchasing an additional 24,468 shares during the period. Finally, Spartan Wealth Advisory Services LLC bought a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 1st quarter valued at approximately $1,180,000.

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

Shares of Principal U.S. Small-Cap Multi-Factor ETF stock opened at $69.83 on Friday. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 17.29 and a beta of 1.01. The stock has a 50 day moving average price of $67.98 and a 200-day moving average price of $63.35. Principal U.S. Small-Cap Multi-Factor ETF has a one year low of $52.59 and a one year high of $70.63.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.0868 per share. This represents a $0.35 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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

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.