Short Interest in Principal International Equity ETF (BATS:PIEQ) Rises By 142.2%

Principal International Equity ETF (BATS:PIEQ) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 38,276 shares, a growth of 142.2% from the June 15th total of 15,802 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 36,767 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Principal International Equity ETF

Hedge funds have recently modified their holdings of the company. Smartleaf Asset Management LLC increased its position in Principal International Equity ETF by 36.9% during the second quarter. Smartleaf Asset Management LLC now owns 36,366 shares of the company’s stock worth $1,058,000 after purchasing an additional 9,807 shares during the last quarter. Citadel Advisors LLC acquired a new position in Principal International Equity ETF in the 3rd quarter valued at about $1,271,000. Next Level Private LLC purchased a new stake in shares of Principal International Equity ETF in the 4th quarter valued at approximately $816,000. Capital Investment Advisory Services LLC increased its holdings in shares of Principal International Equity ETF by 23.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 80,432 shares of the company’s stock worth $2,651,000 after buying an additional 15,540 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Principal International Equity ETF by 33.1% during the 4th quarter. Principal Financial Group Inc. now owns 31,482,097 shares of the company’s stock valued at $1,034,146,000 after buying an additional 7,822,100 shares during the period.

Principal International Equity ETF Stock Down 1.3%

Shares of BATS:PIEQ opened at $35.24 on Tuesday. Principal International Equity ETF has a 52-week low of $28.61 and a 52-week high of $36.60. The stock has a market cap of $932.45 million and a P/E ratio of 15.46. The business has a fifty day moving average of $35.56 and a two-hundred day moving average of $34.90.

Principal International Equity ETF Company 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.