24,516 Shares in Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC acquired a new stake in shares of Principal U.S. Mega-Cap ETF (NASDAQ:USMC) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 24,516 shares of the company’s stock, valued at approximately $1,472,000. SeaCrest Wealth Management LLC owned approximately 0.06% of Principal U.S. Mega-Cap ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of Principal U.S. Mega-Cap ETF by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 14,825 shares of the company’s stock valued at $804,000 after acquiring an additional 525 shares in the last quarter. NewEdge Advisors LLC raised its position in Principal U.S. Mega-Cap ETF by 0.8% during the 2nd quarter. NewEdge Advisors LLC now owns 276,080 shares of the company’s stock valued at $14,977,000 after purchasing an additional 2,204 shares in the last quarter. CreativeOne Wealth LLC raised its position in Principal U.S. Mega-Cap ETF by 12.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 28,681 shares of the company’s stock valued at $1,635,000 after purchasing an additional 3,158 shares in the last quarter. Blair William & Co. IL purchased a new stake in shares of Principal U.S. Mega-Cap ETF in the 2nd quarter worth $201,000. Finally, Stifel Financial Corp bought a new position in shares of Principal U.S. Mega-Cap ETF during the 3rd quarter worth $237,000.

Principal U.S. Mega-Cap ETF Price Performance

USMC stock opened at $59.08 on Wednesday. Principal U.S. Mega-Cap ETF has a 1-year low of $46.74 and a 1-year high of $61.98. The business has a 50-day moving average price of $60.11 and a 200 day moving average price of $57.14. The company has a market capitalization of $2.54 billion, a P/E ratio of 26.66 and a beta of 0.92.

Principal U.S. Mega-Cap ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were issued a $0.00 dividend. The ex-dividend date was Tuesday, December 31st.

About Principal U.S. Mega-Cap ETF

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.