Next Level Private LLC Makes New Investment in Principal International Equity ETF $PIEQ

Next Level Private LLC purchased a new position in shares of Principal International Equity ETF (BATS:PIEQ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 24,765 shares of the company’s stock, valued at approximately $816,000. Next Level Private LLC owned approximately 0.07% of Principal International Equity ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PIEQ. Envestnet Asset Management Inc. grew its stake in Principal International Equity ETF by 26.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,867,217 shares of the company’s stock worth $90,747,000 after buying an additional 592,201 shares during the last quarter. Principal Financial Group Inc. raised its stake in Principal International Equity ETF by 0.6% in the third quarter. Principal Financial Group Inc. now owns 23,659,997 shares of the company’s stock valued at $746,791,000 after buying an additional 135,331 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Principal International Equity ETF in the third quarter valued at about $1,271,000. Smartleaf Asset Management LLC boosted its holdings in Principal International Equity ETF by 36.9% in the second quarter. Smartleaf Asset Management LLC now owns 36,366 shares of the company’s stock worth $1,058,000 after acquiring an additional 9,807 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in shares of Principal International Equity ETF by 26.4% during the third quarter. Capital Investment Advisory Services LLC now owns 64,892 shares of the company’s stock worth $2,054,000 after acquiring an additional 13,569 shares during the last quarter.

Principal International Equity ETF Stock Down 2.8%

PIEQ opened at $33.06 on Friday. Principal International Equity ETF has a 52-week low of $23.11 and a 52-week high of $36.18. The company has a market cap of $874.77 million and a P/E ratio of 15.46. The firm’s 50-day moving average price is $34.81 and its 200-day moving average price is $33.02.

Principal International Equity ETF Profile

The Principal International Equity ETF (PIEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of companies outside the United States. Using proprietary fundamental research, the fund adviser surfaces companies considered underestimated by the market. PIEQ was launched on Nov 5, 2024 and is issued by Principal.