Principal Quality ETF (NASDAQ:PSET) Short Interest Update

Principal Quality ETF (NASDAQ:PSET) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 385 shares, a decrease of 42.5% from the February 12th total of 669 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,897 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 2,897 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Principal Quality ETF

Hedge funds have recently modified their holdings of the company. Prospera Financial Services Inc raised its position 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 valued at $420,000 after buying an additional 200 shares during the last quarter. Raymond James Financial Inc. boosted its position in Principal Quality ETF by 13.3% during the second quarter. Raymond James Financial Inc. now owns 8,708 shares of the company’s stock worth $641,000 after acquiring an additional 1,023 shares during the last quarter. Osaic Holdings Inc. boosted its position in Principal Quality ETF by 3.2% during the second quarter. Osaic Holdings Inc. now owns 38,370 shares of the company’s stock worth $2,824,000 after acquiring an additional 1,178 shares during the last quarter. Capital Investment Advisory Services LLC grew its stake in Principal Quality ETF by 29.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,163 shares of the company’s stock worth $623,000 after acquiring an additional 1,839 shares during the period. Finally, Assetmark Inc. raised its holdings in Principal Quality ETF by 26.9% in the 4th quarter. Assetmark Inc. now owns 1,459 shares of the company’s stock valued at $111,000 after acquiring an additional 309 shares during the last quarter.

Principal Quality ETF Stock Down 0.5%

NASDAQ PSET opened at $72.61 on Thursday. Principal Quality ETF has a fifty-two week low of $58.37 and a fifty-two week high of $78.20. The business has a fifty day moving average of $75.28 and a 200-day moving average of $75.83. The stock has a market cap of $33.40 million, a price-to-earnings ratio of 29.66 and a beta of 1.02.

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.