Wealth Advisors of Tampa Bay LLC Takes $4.19 Million Position in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Wealth Advisors of Tampa Bay LLC purchased a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 73,555 shares of the company’s stock, valued at approximately $4,190,000. Principal U.S. Small-Cap Multi-Factor ETF comprises 1.4% of Wealth Advisors of Tampa Bay LLC’s portfolio, making the stock its 28th biggest position. Wealth Advisors of Tampa Bay LLC owned 0.30% of Principal U.S. Small-Cap Multi-Factor ETF at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Farther Finance Advisors LLC bought a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 3rd quarter valued at $230,000. Cozad Asset Management Inc. purchased a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 3rd quarter valued at $280,000. SeaCrest Wealth Management LLC raised its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 21.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 6,120 shares of the company’s stock worth $355,000 after purchasing an additional 1,070 shares during the period. Gilliland Jeter Wealth Management LLC boosted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 13.2% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 9,242 shares of the company’s stock worth $527,000 after buying an additional 1,077 shares during the last quarter. Finally, WealthCare Investment Partners LLC purchased a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 3rd quarter worth about $598,000.

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

PSC opened at $56.86 on Friday. Principal U.S. Small-Cap Multi-Factor ETF has a fifty-two week low of $42.36 and a fifty-two week high of $62.17. The firm has a 50-day moving average of $60.16 and a 200 day moving average of $58.11. The firm has a market cap of $1.61 billion, a P/E ratio of 17.29 and a beta of 1.07.

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

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.