Commonwealth Equity Services LLC Acquires 922 Shares of Principal Quality ETF (NASDAQ:PSET)

Commonwealth Equity Services LLC grew its stake in shares of Principal Quality ETF (NASDAQ:PSET) by 18.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,909 shares of the company’s stock after buying an additional 922 shares during the period. Commonwealth Equity Services LLC owned approximately 0.76% of Principal Quality ETF worth $403,000 as of its most recent filing with the SEC.

Separately, Cetera Investment Advisers acquired a new stake in Principal Quality ETF in the 1st quarter valued at $12,677,000.

Principal Quality ETF Trading Down 0.6 %

NASDAQ PSET opened at $70.31 on Monday. Principal Quality ETF has a 1-year low of $51.67 and a 1-year high of $70.84. The firm has a market cap of $54.84 million, a price-to-earnings ratio of 30.55 and a beta of 0.94. The company has a 50 day moving average of $67.88 and a 200-day moving average of $67.22.

Principal Quality ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a dividend of $0.1094 per share. The ex-dividend date was Monday, July 1st.

Principal Quality ETF Profile

The Principal Quality ETF (PSET) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.