Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Hits New 52-Week High at $49.82

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $49.82 and last traded at $49.55, with a volume of 4216 shares changing hands. The stock had previously closed at $49.21.

Principal U.S. Small-Cap Multi-Factor ETF Trading Up 0.7 %

The company’s 50-day moving average is $47.22 and its 200 day moving average is $43.81. The stock has a market capitalization of $500.68 million, a PE ratio of 9.76 and a beta of 1.19.

Institutional Investors Weigh In On Principal U.S. Small-Cap Multi-Factor ETF

A number of large investors have recently bought and sold shares of the company. UBS Group AG grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 401.4% during the 2nd quarter. UBS Group AG now owns 1,113 shares of the company’s stock worth $42,000 after purchasing an additional 891 shares during the period. International Assets Investment Management LLC acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter valued at approximately $61,000. Susquehanna International Group LLP acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the 1st quarter worth approximately $265,000. Cambridge Investment Research Advisors Inc. grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 57.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,109 shares of the company’s stock valued at $316,000 after buying an additional 2,604 shares during the period. Finally, Raymond James & Associates acquired a new position in shares of Principal U.S. Small-Cap Multi-Factor ETF in the fourth quarter worth about $345,000.

About Principal U.S. Small-Cap Multi-Factor ETF

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.