Kraft Davis & Associates LLC Has $2.39 Million Position in Principal International Equity ETF $PIEQ

Kraft Davis & Associates LLC cut its holdings in shares of Principal International Equity ETF (BATS:PIEQ) by 36.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,404 shares of the company’s stock after selling 38,365 shares during the quarter. Kraft Davis & Associates LLC owned approximately 0.25% of Principal International Equity ETF worth $2,386,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PIEQ. Principal Securities Inc. grew its holdings in shares of Principal International Equity ETF by 18.8% in the 4th quarter. Principal Securities Inc. now owns 3,724,528 shares of the company’s stock valued at $122,760,000 after acquiring an additional 589,289 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Principal International Equity ETF by 71.9% in the first quarter. Private Advisor Group LLC now owns 45,249 shares of the company’s stock valued at $1,537,000 after acquiring an additional 18,933 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Principal International Equity ETF by 0.3% during the first quarter. Principal Financial Group Inc. now owns 31,588,206 shares of the company’s stock worth $1,053,284,000 after acquiring an additional 106,109 shares in the last quarter. Next Level Private LLC raised its holdings in Principal International Equity ETF by 2.7% during the first quarter. Next Level Private LLC now owns 25,442 shares of the company’s stock worth $864,000 after acquiring an additional 677 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Principal International Equity ETF during the fourth quarter valued at approximately $277,000.

Principal International Equity ETF Stock Performance

Shares of BATS PIEQ opened at $36.98 on Thursday. The stock has a 50 day moving average price of $36.22 and a 200 day moving average price of $35.49. The stock has a market capitalization of $978.49 million and a PE ratio of 15.46. Principal International Equity ETF has a 52 week low of $29.91 and a 52 week high of $37.58.

About Principal International Equity ETF

The Principal International Equity ETF (PIEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of companies outside the United States. Using proprietary fundamental research, the fund adviser surfaces companies considered underestimated by the market. PIEQ was launched on Nov 5, 2024 and is issued by Principal.