Steward Partners Investment Advisory LLC Boosts Stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Steward Partners Investment Advisory LLC increased its holdings in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 192.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,548 shares of the company’s stock after acquiring an additional 7,594 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $592,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Sigma Planning Corp raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 2.2% in the 3rd quarter. Sigma Planning Corp now owns 32,478 shares of the company’s stock worth $1,688,000 after purchasing an additional 702 shares during the period. Capital Investment Advisory Services LLC raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 187.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,940 shares of the company’s stock worth $99,000 after purchasing an additional 1,265 shares during the period. Smartleaf Asset Management LLC raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 28.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 6,704 shares of the company’s stock worth $343,000 after purchasing an additional 1,502 shares during the period. Stratos Investment Management LLC purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter worth $204,000. Finally, SeaCrest Wealth Management LLC purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter worth $211,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 0.6 %

Shares of NASDAQ:PSC opened at $48.18 on Wednesday. The stock has a market cap of $694.76 million, a PE ratio of 15.83 and a beta of 1.19. The company’s fifty day moving average is $52.18 and its 200 day moving average is $52.36. Principal U.S. Small-Cap Multi-Factor ETF has a 52 week low of $45.88 and a 52 week high of $57.24.

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

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were given a $0.00 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

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.