Legacy CG LLC Boosts Stock Position in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Legacy CG LLC boosted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 17.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 246,587 shares of the company’s stock after purchasing an additional 36,792 shares during the quarter. Principal U.S. Small-Cap Multi-Factor ETF comprises approximately 3.9% of Legacy CG LLC’s holdings, making the stock its 7th largest position. Legacy CG LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $12,643,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sigma Planning Corp grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 2.2% during the third quarter. Sigma Planning Corp now owns 32,478 shares of the company’s stock worth $1,688,000 after buying an additional 702 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 187.4% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,940 shares of the company’s stock worth $99,000 after purchasing an additional 1,265 shares in the last quarter. Stratos Investment Management LLC bought a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at approximately $204,000. SeaCrest Wealth Management LLC acquired a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at $211,000. Finally, Avaii Wealth Management LLC acquired a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at $221,000.

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

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

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

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

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.