Creative Financial Designs Inc. ADV Makes New $2.30 Million Investment in Principal U.S. Small-Cap Multi-Factor ETF $PSC

Creative Financial Designs Inc. ADV purchased a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 40,405 shares of the company’s stock, valued at approximately $2,302,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. First Horizon Advisors Inc. grew its position in Principal U.S. Small-Cap Multi-Factor ETF by 40.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,361 shares of the company’s stock valued at $73,000 after buying an additional 390 shares in the last quarter. Gilliland Jeter Wealth Management LLC lifted its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 13.2% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 9,242 shares of the company’s stock worth $527,000 after acquiring an additional 1,077 shares during the period. Sheets Smith Wealth Management boosted its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 17.1% in the third quarter. Sheets Smith Wealth Management now owns 11,360 shares of the company’s stock valued at $647,000 after acquiring an additional 1,660 shares in the last quarter. Venture Visionary Partners LLC increased its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 43.1% during the third quarter. Venture Visionary Partners LLC now owns 12,267 shares of the company’s stock valued at $699,000 after acquiring an additional 3,697 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 32.2% during the second quarter. Steward Partners Investment Advisory LLC now owns 16,351 shares of the company’s stock worth $871,000 after purchasing an additional 3,981 shares in the last quarter.

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

PSC opened at $60.24 on Friday. The business has a 50 day moving average price of $60.16 and a two-hundred day moving average price of $57.83. The company has a market capitalization of $1.71 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.