Sigma Planning Corp Decreases Stock Holdings in Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC)

Sigma Planning Corp trimmed its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 0.8% in the 4th quarter, Holdings Channel reports. The firm owned 32,213 shares of the company’s stock after selling 265 shares during the period. Sigma Planning Corp’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $1,652,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PSC. Capital Investment Advisory Services LLC raised its stake in Principal U.S. Small-Cap Multi-Factor ETF by 187.4% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,940 shares of the company’s stock valued at $99,000 after buying an additional 1,265 shares during the last quarter. Stratos Investment Management LLC purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $204,000. SeaCrest Wealth Management LLC purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $211,000. Avaii Wealth Management LLC purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $221,000. Finally, Private Advisor Group LLC purchased a new stake in Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter valued at $683,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Down 3.1 %

NASDAQ PSC opened at $51.36 on Monday. Principal U.S. Small-Cap Multi-Factor ETF has a 52 week low of $45.88 and a 52 week high of $57.24. The firm has a market capitalization of $721.09 million, a P/E ratio of 16.94 and a beta of 1.18. The company has a 50-day moving average price of $52.70 and a 200-day moving average price of $52.30.

Principal U.S. Small-Cap Multi-Factor ETF Cuts Dividend

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

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.