Principal U.S. Small-Cap Multi-Factor ETF $PSC Shares Acquired by Truist Financial Corp

Truist Financial Corp lifted its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report) by 3.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 333,045 shares of the company’s stock after buying an additional 9,582 shares during the quarter. Truist Financial Corp’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $19,227,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Round Rock Advisors LLC acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter worth $274,000. Cozad Asset Management Inc. acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the third quarter worth $280,000. KPP Advisory Services LLC acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter worth $298,000. Advisory Services Network LLC acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the third quarter worth $313,000. Finally, Farther Finance Advisors LLC boosted its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 48.3% in 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

Principal U.S. Small-Cap Multi-Factor ETF stock opened at $64.89 on Thursday. The company has a market cap of $2.04 billion, a PE ratio of 17.29 and a beta of 1.01. The company has a fifty day moving average price of $59.77 and a two-hundred day moving average price of $59.01. Principal U.S. Small-Cap Multi-Factor ETF has a 12 month low of $48.52 and a 12 month high of $64.96.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.1078 dividend. This is a boost 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 yield of 0.7%. The ex-dividend date of this dividend was Wednesday, April 1st.

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

(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.

Further Reading

Want to see what other hedge funds are holding PSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCFree Report).

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

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