Principal U.S. Mega-Cap ETF (USMC) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $64.39 to $65.02
• 50-Day Range: $60.27 to $65.09
• 52-Week Range: $49.01 to $65.14
• Volume: 36,015 shs
• Average Volume: 111,893 shs
• Market Capitalization: $3.39 billion
• Assets Under Management: $3.38 billion
• Dividend Yield: 0.86%
• Net Expense Ratio: 0.12%
• Aggregate Rating: Moderate Buy

USMC ETF - Frequently Asked Questions

How have USMC shares performed this year?

Principal U.S. Mega-Cap ETF's stock was trading at $60.03 at the start of the year. Since then, USMC shares have increased by 8.2% and is now trading at $64.95.

Who are Principal U.S. Mega-Cap ETF's major shareholders?

Principal U.S. Mega-Cap ETF's top institutional shareholders include Envestnet Asset Management Inc. (7.30%), O Brien Wealth Partners LLC (1.77%), Raymond James Financial Inc. (1.51%) and NewEdge Advisors LLC (0.60%).

How do I buy shares of Principal U.S. Mega-Cap ETF?

Shares of USMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Principal U.S. Mega-Cap ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Principal U.S. Mega-Cap ETF investors own include PepsiCo (PEP), Piper Sandler Companies (PIPR), Southern (SO), WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust Managed Municipal ETF (FMB), Garmin (GRMN) and International Business Machines (IBM).

Fund Details

• Issuer: Principal
• Fund Name: Principal U.S. Mega-Cap ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:USMC
• Inception Date: 10/11/2017
• Fund Manager: Jeffrey A. Schwarte, Aaron J. Siebel
• Web: N/A
• Phone: 14089961010

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Size and Style
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 28

Fund Statistics

• Assets Under Management: $3.38 billion
• Average Daily Volume: $87.10 thousand
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: State Street Bank and Trust Company
• Advisor: Principal Global Investors, LLC
• Custodian: State Street Bank and Trust Company
• Distributor: ALPS Distributors, Inc.
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: GTS

Options

• Optionable: Optionable
• Options Volume: 1
• Put Options: 1
• Call Options: 1
• Short Interest: 27,800 shs

Miscellaneous

• Outstanding Shares: 52,220,000
• Beta: 0.92
• Creation Unit: 50,000
• Creation Fee: $200.00