Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Reaches New 1-Year High – Time to Buy?

Principal U.S. Mega-Cap ETF ( NASDAQ:USMC – Get Free Report )’s stock price hit a new 52-week high during mid-day trading on Friday .

The company traded as high as $62.00 and last traded at $61.88, with a volume of 750 shares traded.



The stock had previously closed at $61.85. Principal U.

S. Mega-Cap ETF Trading Down 0.2 % The company has a 50 day moving average of $60.

42 and a 200-day moving average of $57.45. The firm has a market capitalization of $2.

67 billion, a P/E ratio of 26.66 and a beta of 0.92.

Principal U.S. Mega-Cap ETF Cuts Dividend The business also recently announced a dividend, which was paid on Friday, January 3rd.

Stockholders of record on Tuesday, December 31st were given a dividend of $0.00 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

Institutional Trading of Principal U.S. Mega-Cap ETF About Principal U.

S. Mega-Cap ETF ( 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. Featured Articles Five stocks we like better than Principal U.S.

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