Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Reaches New 52-Week High – Here’s Why

Posted by Tyrone Williams on May 6th, 2026

Principal U.S. Mega-Cap ETF (NASDAQ:USMC – Get Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $71.34 and last traded at $71.30, with a volume of 1254 shares changing hands. The stock had previously closed at $70.37.

Principal U.S. Mega-Cap ETF Stock Up 0.7%

The company has a market cap of $3.22 billion, a price-to-earnings ratio of 27.59 and a beta of 0.95. The company’s fifty day moving average price is $66.81 and its two-hundred day moving average price is $67.70.

Principal U.S. Mega-Cap ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a $0.1463 dividend. This represents a $0.59 annualized dividend and a dividend yield of 0.8%. This is a boost from Principal U.S. Mega-Cap ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Wednesday, April 1st.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in USMC. Huntington National Bank acquired a new position in Principal U.S. Mega-Cap ETF during the fourth quarter worth $25,000. Abound Financial LLC bought a new position in shares of Principal U.S. Mega-Cap ETF in the fourth quarter valued at about $29,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Principal U.S. Mega-Cap ETF in the third quarter valued at about $75,000. Fifth Third Bancorp bought a new position in shares of Principal U.S. Mega-Cap ETF in the first quarter valued at about $80,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Principal U.S. Mega-Cap ETF in the fourth quarter valued at about $147,000.

Principal U.S. Mega-Cap ETF Company Profile

(Get Free Report)

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.