Principal Quality ETF (NASDAQ:PSET) Short Interest Update

Principal Quality ETF (NASDAQ:PSET) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 669 shares, a growth of 410.7% from the January 29th total of 131 shares. Based on an average daily trading volume, of 2,551 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,551 shares, the days-to-cover ratio is currently 0.3 days.

Principal Quality ETF Trading Up 0.8%

PSET stock opened at $74.95 on Thursday. The business’s fifty day moving average price is $75.88 and its 200 day moving average price is $75.92. Principal Quality ETF has a 12-month low of $58.37 and a 12-month high of $78.20. The company has a market capitalization of $34.48 million, a PE ratio of 29.66 and a beta of 1.02.

Institutional Trading of Principal Quality ETF

Hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in shares of Principal Quality ETF by 13.9% in the second quarter. Envestnet Asset Management Inc. now owns 341,140 shares of the company’s stock valued at $25,108,000 after purchasing an additional 41,515 shares during the period. Osaic Holdings Inc. lifted its holdings in Principal Quality ETF by 3.2% during the 2nd quarter. Osaic Holdings Inc. now owns 38,370 shares of the company’s stock worth $2,824,000 after buying an additional 1,178 shares in the last quarter. Raymond James Financial Inc. boosted its position in Principal Quality ETF by 13.3% in the 2nd quarter. Raymond James Financial Inc. now owns 8,708 shares of the company’s stock valued at $641,000 after buying an additional 1,023 shares during the period. Capital Investment Advisory Services LLC boosted its position in Principal Quality ETF by 29.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,163 shares of the company’s stock valued at $623,000 after buying an additional 1,839 shares during the period. Finally, Prospera Financial Services Inc grew its stake in shares of Principal Quality ETF by 3.6% in the second quarter. Prospera Financial Services Inc now owns 5,705 shares of the company’s stock worth $420,000 after acquiring an additional 200 shares in the last quarter.

About Principal Quality ETF

The Principal Quality ETF (PSET) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.