Capital Investment Advisory Services LLC Raises Position in Principal Quality ETF (NASDAQ:PSET)

Capital Investment Advisory Services LLC increased its position in shares of Principal Quality ETF (NASDAQ:PSET) by 211.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,603 shares of the company’s stock after purchasing an additional 1,089 shares during the period. Capital Investment Advisory Services LLC owned approximately 0.20% of Principal Quality ETF worth $115,000 as of its most recent SEC filing.

Separately, Cetera Investment Advisers boosted its position in shares of Principal Quality ETF by 1.7% during the 2nd quarter. Cetera Investment Advisers now owns 190,042 shares of the company’s stock worth $12,974,000 after purchasing an additional 3,122 shares in the last quarter.

Principal Quality ETF Stock Down 0.6 %

NASDAQ:PSET opened at $73.69 on Friday. The firm’s fifty day simple moving average is $73.08 and its 200-day simple moving average is $70.79. The stock has a market cap of $60.42 million, a PE ratio of 30.55 and a beta of 0.94. Principal Quality ETF has a fifty-two week low of $62.16 and a fifty-two week high of $75.56.

Principal Quality ETF Cuts Dividend

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

Principal Quality ETF Company Profile

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.