Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Sees Large Volume Increase – Time to Buy?

Posted by Maddie Sorensen on Dec 19th, 2024

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC – Get Free Report) shares saw an uptick in trading volume on Tuesday . 86,188 shares traded hands during trading, an increase of 223% from the previous session’s volume of 26,715 shares.The stock last traded at $53.60 and had previously closed at $54.11.

Principal U.S. Small-Cap Multi-Factor ETF Trading Down 4.0 %

The firm has a market cap of $665.63 million, a P/E ratio of 9.54 and a beta of 1.19. The business has a 50-day moving average of $53.77 and a two-hundred day moving average of $51.08.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC raised its stake in Principal U.S. Small-Cap Multi-Factor ETF by 88.5% during the second quarter. Commonwealth Equity Services LLC now owns 10,208 shares of the company’s stock worth $491,000 after buying an additional 4,793 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 47,972.4% in the 3rd quarter. International Assets Investment Management LLC now owns 13,941 shares of the company’s stock worth $690,000 after acquiring an additional 13,912 shares in the last quarter. &PARTNERS acquired a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the 2nd quarter valued at about $729,000. Arete Wealth Advisors LLC bought a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 3rd quarter valued at about $1,151,000. Finally, Sigma Planning Corp increased its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 2.2% in the third quarter. Sigma Planning Corp now owns 32,478 shares of the company’s stock worth $1,688,000 after purchasing an additional 702 shares in the last quarter.

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.