Kraft Davis & Associates LLC Has $2.06 Million Position in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Kraft Davis & Associates LLC increased its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) by 64.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 36,279 shares of the company’s stock after acquiring an additional 14,200 shares during the quarter. Kraft Davis & Associates LLC’s holdings in Principal U.S. Small-Cap Multi-Factor ETF were worth $2,063,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in PSC. First Horizon Advisors Inc. raised its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 40.2% during the second quarter. First Horizon Advisors Inc. now owns 1,361 shares of the company’s stock valued at $73,000 after acquiring an additional 390 shares during the last quarter. Gilliland Jeter Wealth Management LLC raised its position in Principal U.S. Small-Cap Multi-Factor ETF by 13.2% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 9,242 shares of the company’s stock worth $527,000 after purchasing an additional 1,077 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 2nd quarter worth about $79,000. Sheets Smith Wealth Management grew its position in shares of Principal U.S. Small-Cap Multi-Factor ETF by 17.1% in the 3rd quarter. Sheets Smith Wealth Management now owns 11,360 shares of the company’s stock valued at $647,000 after buying an additional 1,660 shares during the last quarter. Finally, Venture Visionary Partners LLC increased its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 43.1% in the third quarter. Venture Visionary Partners LLC now owns 12,267 shares of the company’s stock valued at $699,000 after buying an additional 3,697 shares during the period.

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

Shares of PSC opened at $61.03 on Friday. The business has a 50-day moving average of $59.46 and a 200-day moving average of $57.01. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 17.29 and a beta of 1.07. Principal U.S. Small-Cap Multi-Factor ETF has a 1 year low of $42.36 and a 1 year high of $62.17.

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