Walleye Partners LLC Invests $1.17 Million in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Walleye Partners LLC purchased a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) during the first quarter, Holdings Channel.com reports. The fund purchased 20,367 shares of the company’s stock, valued at approximately $1,168,000. Principal U.S. Small-Cap Multi-Factor ETF comprises about 1.4% of Walleye Partners LLC’s portfolio, making the stock its 10th largest position.

Several other hedge funds have also recently modified their holdings of PSC. Kestra Advisory Services LLC raised its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 2.1% in the fourth quarter. Kestra Advisory Services LLC now owns 11,673 shares of the company’s stock worth $674,000 after purchasing an additional 236 shares during the last quarter. Sheets Smith Wealth Management boosted its position in Principal U.S. Small-Cap Multi-Factor ETF by 4.6% in the fourth quarter. Sheets Smith Wealth Management now owns 11,877 shares of the company’s stock valued at $686,000 after buying an additional 517 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in Principal U.S. Small-Cap Multi-Factor ETF by 1.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 40,990 shares of the company’s stock valued at $2,366,000 after buying an additional 585 shares during the last quarter. Integrity Financial Corp WA raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 2.3% during the 4th quarter. Integrity Financial Corp WA now owns 32,626 shares of the company’s stock worth $1,883,000 after buying an additional 722 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its stake in Principal U.S. Small-Cap Multi-Factor ETF by 14.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 6,997 shares of the company’s stock valued at $417,000 after acquiring an additional 877 shares during the period.

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

NASDAQ PSC opened at $69.12 on Monday. The company has a market capitalization of $2.17 billion, a PE ratio of 17.29 and a beta of 1.01. The company has a fifty day moving average of $65.06 and a 200 day moving average of $61.36. Principal U.S. Small-Cap Multi-Factor ETF has a 1 year low of $51.34 and a 1 year high of $69.48.

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

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a $0.1078 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.43 dividend on an annualized basis and a yield of 0.6%. This is a boost from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08.

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.