Stratos Investment Management LLC Purchases New Holdings in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Stratos Investment Management LLC purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,982 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds and other institutional investors have also modified their holdings of PSC. Capital Investment Advisory Services LLC increased its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 187.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,940 shares of the company’s stock valued at $99,000 after purchasing an additional 1,265 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth $211,000. Avaii Wealth Management LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth $221,000. International Assets Investment Management LLC grew its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 47,972.4% during 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 during the period. Finally, Arete Wealth Advisors LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 3rd quarter worth $1,151,000.

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

PSC opened at $54.09 on Thursday. The company has a fifty day moving average price of $53.22 and a two-hundred day moving average price of $52.05. Principal U.S. Small-Cap Multi-Factor ETF has a 52 week low of $45.65 and a 52 week high of $57.24. The firm has a market capitalization of $796.20 million, a PE ratio of 9.54 and a beta of 1.19.

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

The firm also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.00 per share. The ex-dividend date was Tuesday, December 31st.

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.