Principal U.S. Mega-Cap ETF $USMC Shares Purchased by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC raised its position in shares of Principal U.S. Mega-Cap ETF (NASDAQ:USMC) by 108.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,360 shares of the company’s stock after acquiring an additional 10,611 shares during the period. Greenwood Capital Associates LLC’s holdings in Principal U.S. Mega-Cap ETF were worth $1,388,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cape Investment Advisory Inc. lifted its stake in shares of Principal U.S. Mega-Cap ETF by 747.3% in the 1st quarter. Cape Investment Advisory Inc. now owns 627 shares of the company’s stock valued at $36,000 after purchasing an additional 553 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in Principal U.S. Mega-Cap ETF during the first quarter valued at approximately $63,000. FLP Wealth Management LLC purchased a new stake in Principal U.S. Mega-Cap ETF during the third quarter worth approximately $79,000. Assetmark Inc. grew its stake in Principal U.S. Mega-Cap ETF by 1,763.6% during the second quarter. Assetmark Inc. now owns 2,665 shares of the company’s stock worth $167,000 after buying an additional 2,522 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Principal U.S. Mega-Cap ETF in the second quarter worth $245,000.

Principal U.S. Mega-Cap ETF Trading Down 0.1%

Shares of USMC stock opened at $69.51 on Friday. The company has a market cap of $3.31 billion, a PE ratio of 27.59 and a beta of 0.95. The company’s fifty day simple moving average is $68.51 and its 200-day simple moving average is $65.94. Principal U.S. Mega-Cap ETF has a 52 week low of $49.01 and a 52 week high of $70.08.

Principal U.S. Mega-Cap ETF Company Profile

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.