Principal International Equity ETF (BATS:PIEQ) Short Interest Update

Principal International Equity ETF (BATS:PIEQ) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 17,835 shares, a decrease of 53.4% from the June 30th total of 38,276 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 38,986 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Principal International Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC grew its holdings in shares of Principal International Equity ETF by 36.9% during the second quarter. Smartleaf Asset Management LLC now owns 36,366 shares of the company’s stock worth $1,058,000 after purchasing an additional 9,807 shares in the last quarter. Citadel Advisors LLC purchased a new stake in Principal International Equity ETF in the third quarter valued at approximately $1,271,000. Capital Investment Advisory Services LLC raised its stake in Principal International Equity ETF by 23.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 80,432 shares of the company’s stock valued at $2,651,000 after purchasing an additional 15,540 shares in the last quarter. Principal Financial Group Inc. lifted its position in Principal International Equity ETF by 33.1% during the fourth quarter. Principal Financial Group Inc. now owns 31,482,097 shares of the company’s stock valued at $1,034,146,000 after purchasing an additional 7,822,100 shares during the last quarter. Finally, Principal Securities Inc. lifted its position in Principal International Equity ETF by 18.8% during the fourth quarter. Principal Securities Inc. now owns 3,724,528 shares of the company’s stock valued at $122,760,000 after purchasing an additional 589,289 shares during the last quarter.

Principal International Equity ETF Stock Performance

BATS:PIEQ opened at $35.87 on Tuesday. The firm has a market capitalization of $949.12 million and a price-to-earnings ratio of 15.46. Principal International Equity ETF has a 52-week low of $28.61 and a 52-week high of $36.60. The stock has a fifty day moving average of $35.61 and a 200 day moving average of $35.07.

Principal International Equity ETF Company Profile

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.