Northwest Wealth Advisors LLC Buys Shares of 33,147 Principal U.S. Small-Cap Multi-Factor ETF $PSC

Northwest Wealth Advisors LLC bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 33,147 shares of the company’s stock, valued at approximately $1,914,000. Principal U.S. Small-Cap Multi-Factor ETF accounts for about 1.5% of Northwest Wealth Advisors LLC’s holdings, making the stock its 17th biggest position. Northwest Wealth Advisors LLC owned 0.12% of Principal U.S. Small-Cap Multi-Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Sheets Smith Wealth Management raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 4.6% during the fourth quarter. Sheets Smith Wealth Management now owns 11,877 shares of the company’s stock worth $686,000 after purchasing an additional 517 shares during the period. Creative Financial Designs Inc. ADV raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 1.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 40,990 shares of the company’s stock worth $2,366,000 after purchasing an additional 585 shares during the period. SeaCrest Wealth Management LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 14.3% during the fourth quarter. SeaCrest Wealth Management LLC now owns 6,997 shares of the company’s stock worth $417,000 after purchasing an additional 877 shares during the period. Arete Wealth Advisors LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 1.5% during the third quarter. Arete Wealth Advisors LLC now owns 59,876 shares of the company’s stock worth $3,411,000 after purchasing an additional 906 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 48.3% during the fourth quarter. Farther Finance Advisors LLC now owns 5,979 shares of the company’s stock worth $345,000 after purchasing an additional 1,948 shares during the period.

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

NASDAQ PSC opened at $63.90 on Friday. The firm has a market cap of $2.01 billion, a P/E ratio of 17.29 and a beta of 1.01. The stock’s 50-day moving average is $60.66 and its 200-day moving average is $59.54. Principal U.S. Small-Cap Multi-Factor ETF has a one year low of $49.90 and a one year high of $64.99.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.1078 per share. This is an increase from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, April 1st.

Principal U.S. Small-Cap Multi-Factor ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Receive News & Ratings for Principal U.S. Small-Cap Multi-Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal U.S. Small-Cap Multi-Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.