Principal U.S. Mega-Cap ETF (NASDAQ:USMC – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $56.07 and last traded at $56.05, with a volume of 19673 shares changing hands. The stock had previously closed at $55.42.
Principal U.S. Mega-Cap ETF Trading Up 1.1 %
The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 26.66 and a beta of 0.92. The company’s 50 day moving average is $54.39 and its 200 day moving average is $52.25.
Principal U.S. Mega-Cap ETF Increases Dividend
The company also recently announced a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a $0.1596 dividend. This is an increase from Principal U.S. Mega-Cap ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, July 1st.
Institutional Inflows and Outflows
About Principal U.S. Mega-Cap ETF
The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.
Recommended Stories
- Five stocks we like better than Principal U.S. Mega-Cap ETF
- Insider Buying Explained: What Investors Need to Know
- Birkenstock’s Sudden Slide—Why It Might Be Your Next Big Win
- There Are Different Types of Stock To Invest In
- Why Dell Can Continue Winning in AI and Beyond
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- MarketBeat Week in Review – 8/26 – 8/30
Receive News & Ratings for Principal U.S. Mega-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal U.S. Mega-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.