Principal U.S. Mega-Cap ETF (NASDAQ:USMC – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $62.00 and last traded at $61.88, with a volume of 750 shares trading hands. The stock had previously closed at $61.85.
Principal U.S. Mega-Cap ETF Stock Down 0.2 %
The stock has a 50 day moving average of $60.42 and a 200 day moving average of $57.45. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 26.66 and a beta of 0.92.
Principal U.S. Mega-Cap ETF Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a dividend of $0.00 per share. The ex-dividend date was Tuesday, December 31st.
Hedge Funds Weigh In On Principal U.S. Mega-Cap ETF
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.
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