Commonwealth Equity Services LLC Acquires 11,492 Shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Commonwealth Equity Services LLC grew its holdings in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 75.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,812 shares of the company’s stock after acquiring an additional 11,492 shares during the period. Commonwealth Equity Services LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $1,375,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Capital Investment Advisory Services LLC raised its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 187.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,940 shares of the company’s stock valued at $99,000 after acquiring an additional 1,265 shares during the period. Stratos Investment Management LLC bought a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter valued at about $204,000. SeaCrest Wealth Management LLC purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter worth about $211,000. Avaii Wealth Management LLC bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter worth about $221,000. Finally, Smartleaf Asset Management LLC lifted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 28.9% in the fourth 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 last quarter.

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

PSC opened at $48.22 on Monday. The stock’s 50 day moving average price is $51.40 and its 200-day moving average price is $52.26. Principal U.S. Small-Cap Multi-Factor ETF has a one year low of $45.88 and a one year high of $57.24. The stock has a market cap of $709.80 million, a price-to-earnings ratio of 15.95 and a beta of 1.19.

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

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