Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its stake in shares of Principal U.S. Mega-Cap ETF (NASDAQ:USMC) by 1.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,060 shares of the company’s stock after selling 255 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Principal U.S. Mega-Cap ETF were worth $1,257,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Blair William & Co. IL purchased a new position in Principal U.S. Mega-Cap ETF in the second quarter valued at approximately $201,000. CreativeOne Wealth LLC acquired a new position in Principal U.S. Mega-Cap ETF during the 1st quarter worth approximately $522,000. Laidlaw Wealth Management LLC boosted its stake in shares of Principal U.S. Mega-Cap ETF by 9.1% in the second quarter. Laidlaw Wealth Management LLC now owns 9,733 shares of the company’s stock valued at $528,000 after purchasing an additional 809 shares during the period. Silver Oak Securities Incorporated purchased a new stake in Principal U.S. Mega-Cap ETF during the 3rd quarter worth $783,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Principal U.S. Mega-Cap ETF by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 14,825 shares of the company’s stock worth $804,000 after acquiring an additional 525 shares in the last quarter.

Principal U.S. Mega-Cap ETF Stock Down 0.4 %

Shares of Principal U.S. Mega-Cap ETF stock opened at $56.51 on Tuesday. The firm has a market cap of $2.49 billion, a P/E ratio of 26.66 and a beta of 0.92. The business has a 50-day moving average price of $56.51 and a 200 day moving average price of $54.21. Principal U.S. Mega-Cap ETF has a fifty-two week low of $43.07 and a fifty-two week high of $58.04.

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.