Global Retirement Partners LLC Purchases 21,298 Shares of Principal U.S. Small-Cap Multi-Factor ETF $PSC

Global Retirement Partners LLC grew its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 2,129,800.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,299 shares of the company’s stock after acquiring an additional 21,298 shares during the quarter. Global Retirement Partners LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $1,230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brookwood Investment Group LLC bought a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $992,000. Creative Financial Designs Inc. ADV bought a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF during the third quarter valued at $2,302,000. RFG Bristol Wealth Advisors LLC increased its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 8.4% during the fourth quarter. RFG Bristol Wealth Advisors LLC now owns 128,134 shares of the company’s stock valued at $7,397,000 after acquiring an additional 9,888 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 3.0% during the fourth quarter. Truist Financial Corp now owns 333,045 shares of the company’s stock valued at $19,227,000 after acquiring an additional 9,582 shares in the last quarter. Finally, WealthCare Investment Partners LLC bought a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF during the third quarter valued at $598,000.

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

Shares of NASDAQ:PSC opened at $64.51 on Monday. Principal U.S. Small-Cap Multi-Factor ETF has a 1-year low of $49.90 and a 1-year high of $64.99. The business has a fifty day moving average price of $60.78 and a 200-day moving average price of $59.59. The company has a market capitalization of $2.03 billion, a PE ratio of 17.29 and a beta of 1.01.

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. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.1078 per share. The ex-dividend date was Wednesday, April 1st. This is a boost from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.08. This represents a $0.43 annualized dividend and a dividend yield of 0.7%.

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.