Principal Quality ETF (NASDAQ:PSET) Short Interest Update

Principal Quality ETF (NASDAQ:PSET) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 300 shares, a growth of 50.0% from the November 15th total of 200 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 0.2 days.

Principal Quality ETF Trading Down 0.2 %

NASDAQ PSET traded down $0.17 during trading hours on Friday, reaching $73.86. 1,810 shares of the company’s stock were exchanged, compared to its average volume of 1,898. The firm has a fifty day moving average of $72.17 and a 200-day moving average of $69.55. Principal Quality ETF has a one year low of $59.37 and a one year high of $74.43. The stock has a market cap of $60.57 million, a PE ratio of 30.55 and a beta of 0.94.

Hedge Funds Weigh In On Principal Quality ETF

Institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its stake in shares of Principal Quality ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 232,913 shares of the company’s stock valued at $15,901,000 after acquiring an additional 23,372 shares during the period. Principal Securities Inc. raised its holdings in Principal Quality ETF by 3.7% during the 3rd quarter. Principal Securities Inc. now owns 272,169 shares of the company’s stock worth $19,370,000 after purchasing an additional 9,620 shares during the last quarter. Cetera Investment Advisers lifted its position in Principal Quality ETF by 1.7% during the 2nd quarter. Cetera Investment Advisers now owns 190,042 shares of the company’s stock valued at $12,974,000 after purchasing an additional 3,122 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Principal Quality ETF by 18.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 5,909 shares of the company’s stock valued at $403,000 after purchasing an additional 922 shares during the last quarter.

Principal Quality ETF Company Profile

The Principal Quality ETF (PSET) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.