Steward Partners Investment Advisory LLC Has $871,000 Stock Position in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Steward Partners Investment Advisory LLC increased its position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 32.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,351 shares of the company’s stock after acquiring an additional 3,981 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.11% of Principal U.S. Small-Cap Multi-Factor ETF worth $871,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. raised its stake in Principal U.S. Small-Cap Multi-Factor ETF by 40.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,361 shares of the company’s stock valued at $73,000 after purchasing an additional 390 shares during the period. Ameritas Advisory Services LLC acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF during the second quarter valued at $79,000. Ameriflex Group Inc. raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 14.3% during the second quarter. Ameriflex Group Inc. now owns 4,681 shares of the company’s stock valued at $248,000 after buying an additional 584 shares during the period. SeaCrest Wealth Management LLC lifted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 4.3% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 5,050 shares of the company’s stock worth $269,000 after acquiring an additional 207 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the 2nd quarter worth about $435,000.

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

Shares of PSC opened at $57.47 on Tuesday. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 17.29 and a beta of 1.07. Principal U.S. Small-Cap Multi-Factor ETF has a fifty-two week low of $42.36 and a fifty-two week high of $58.58. The business’s 50-day moving average is $56.59 and its 200-day moving average is $54.62.

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

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.