Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Stock Price Down 1%

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC – Get Rating)’s share price was down 1% during trading on Wednesday . The company traded as low as $38.92 and last traded at $39.05. Approximately 3,651 shares changed hands during trading, a decline of 81% from the average daily volume of 19,232 shares. The stock had previously closed at $39.44.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 1.0 %

The firm has a market capitalization of $189.41 million, a price-to-earnings ratio of 9.76 and a beta of 1.19. The stock has a 50-day moving average price of $39.19 and a 200 day moving average price of $40.15.

Institutional Investors Weigh In On Principal U.S. Small-Cap Multi-Factor ETF

Several institutional investors have recently modified their holdings of PSC. UBS Group AG lifted its position in shares of 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 purchasing an additional 891 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 1st quarter worth about $265,000. Cambridge Investment Research Advisors Inc. raised its position in shares of 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 in the last quarter. Citadel Advisors LLC acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 2nd quarter worth about $660,000. Finally, LPL Financial LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 19.6% during the 2nd quarter. LPL Financial LLC now owns 19,200 shares of the company’s stock worth $731,000 after acquiring an additional 3,147 shares in the last quarter.

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

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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.