RFG Bristol Wealth Advisors LLC Acquires Shares of 118,246 Principal U.S. Small-Cap Multi-Factor ETF $PSC

RFG Bristol Wealth Advisors LLC acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 118,246 shares of the company’s stock, valued at approximately $6,736,000. Principal U.S. Small-Cap Multi-Factor ETF makes up 2.0% of RFG Bristol Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest position.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 18.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,225,457 shares of the company’s stock valued at $118,572,000 after buying an additional 353,854 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 11.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 775,802 shares of the company’s stock worth $42,235,000 after acquiring an additional 81,301 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 19.7% in the 1st quarter. Royal Bank of Canada now owns 286,803 shares of the company’s stock valued at $13,927,000 after acquiring an additional 47,239 shares during the last quarter. Truist Financial Corp acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 2nd quarter worth about $14,445,000. Finally, Hudson Capital Management LLC raised its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 2.4% during the 3rd quarter. Hudson Capital Management LLC now owns 179,070 shares of the company’s stock worth $10,202,000 after acquiring an additional 4,120 shares in the last quarter.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 1.6%

Shares of Principal U.S. Small-Cap Multi-Factor ETF stock opened at $58.97 on Tuesday. The firm has a market capitalization of $1.57 billion, a P/E ratio of 17.29 and a beta of 1.07. Principal U.S. Small-Cap Multi-Factor ETF has a 52 week low of $42.36 and a 52 week high of $59.67. The firm’s 50 day moving average is $57.44 and its two-hundred day moving average is $55.83.

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.