Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Stock Price Up 1.2%

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCGet Free Report) shares shot up 1.2% on Monday . The stock traded as high as $47.95 and last traded at $47.76. 3,210 shares were traded during trading, a decline of 69% from the average session volume of 10,493 shares. The stock had previously closed at $47.19.

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

The company’s 50-day moving average is $45.32 and its 200 day moving average is $42.69. The company has a market capitalization of $482.38 million, a PE ratio of 9.76 and a beta of 1.19.

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

The business also recently declared a dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Thursday, December 28th were issued a dividend of $0.1115 per share. The ex-dividend date was Wednesday, December 27th. This is an increase from Principal U.S. Small-Cap Multi-Factor ETF’s previous dividend of $0.09.

Hedge Funds Weigh In On Principal U.S. Small-Cap Multi-Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PSC. UBS Group AG raised its stake in Principal U.S. Small-Cap Multi-Factor ETF by 401.4% during the 2nd quarter. UBS Group AG now owns 1,113 shares of the company’s stock worth $42,000 after acquiring an additional 891 shares during the period. International Assets Investment Management LLC bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth approximately $61,000. Susquehanna International Group LLP bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 1st quarter worth approximately $265,000. Cambridge Investment Research Advisors Inc. raised its stake in Principal U.S. Small-Cap Multi-Factor ETF by 57.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,109 shares of the company’s stock worth $316,000 after acquiring an additional 2,604 shares during the period. Finally, Raymond James & Associates bought a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth approximately $345,000.

Principal U.S. Small-Cap Multi-Factor ETF Company Profile

(Get 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.

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