Principal Quality ETF (NASDAQ:PSET – Get Free Report)’s share price was down 2.4% during mid-day trading on Tuesday . The stock traded as low as $74.86 and last traded at $74.88. Approximately 4,379 shares changed hands during mid-day trading, an increase of 379% from the average daily volume of 915 shares. The stock had previously closed at $76.71.
Principal Quality ETF Stock Performance
The business’s fifty day moving average is $76.41 and its 200-day moving average is $75.84. The firm has a market cap of $34.44 million, a P/E ratio of 29.66 and a beta of 1.02.
Hedge Funds Weigh In On Principal Quality ETF
A number of hedge funds have recently modified their holdings of the business. Prospera Financial Services Inc grew its stake in shares of Principal Quality ETF by 3.6% in the second quarter. Prospera Financial Services Inc now owns 5,705 shares of the company’s stock worth $420,000 after purchasing an additional 200 shares during the last quarter. Raymond James Financial Inc. raised its position in Principal Quality ETF by 13.3% during the 2nd quarter. Raymond James Financial Inc. now owns 8,708 shares of the company’s stock worth $641,000 after purchasing an additional 1,023 shares during the last quarter. Assetmark Inc. acquired a new position in Principal Quality ETF during the 2nd quarter worth about $85,000. Osaic Holdings Inc. lifted its holdings in Principal Quality ETF by 3.2% during the 2nd quarter. Osaic Holdings Inc. now owns 38,370 shares of the company’s stock worth $2,824,000 after buying an additional 1,178 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Principal Quality ETF by 13.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 341,140 shares of the company’s stock valued at $25,108,000 after buying an additional 41,515 shares during the last quarter.
About Principal Quality ETF
The Principal Quality ETF (PSET) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.
Recommended Stories
- Five stocks we like better than Principal Quality ETF
- Wall Street Alert: Buy AES
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Do not delete, read immediately
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Trump’s AI Secret: 100X Faster Than Nvidia
Receive News & Ratings for Principal Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.
