NASDAQ:USMC

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

$49.40
-0.30 (-0.60%)
(As of 04/25/2024 ET)
Today's Range
$48.93
$49.49
50-Day Range
$48.61
$51.56
52-Week Range
$39.32
$51.79
Volume
32,538 shs
Average Volume
97,682 shs
Market Capitalization
$2.19 billion
Assets Under Management
$2.21 billion
Dividend Yield
1.28%
Net Expense Ratio
0.12%
USMC stock logo

About Principal U.S. Mega-Cap ETF (NASDAQ:USMC)

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.

USMC Stock Price History

USMC ETF News Headlines

USMC Principal U.S. Mega-Cap ETF
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
USMC: Active Large Caps That Perform Like Passive
Principal U.S. Mega-Cap ETF
USMC: Bigger is Better with This Mega-Cap ETF
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
See More Headlines
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Fund Details

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

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
43

Fund Statistics

Assets Under Management
$2.21 billion
Average Daily Volume
$41,843.00
Discount/Premium
0.00%

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
N/A
Short Interest
22,100 shs

Miscellaneous

Beta
0.92
Creation Unit
50,000
Creation Fee
$200.00
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Principal U.S. Mega-Cap ETF Expenses

TypeUSMCLarge Cap ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.15%0.57%0.54%0.48%0.51%
Other Expenses0.00%0.29%0.54%0.34%0.58%
Total Expense0.15%0.63%0.70%0.58%0.70%
Fee Waiver-0.03%-0.19%-0.55%-0.22%-0.57%
Net Expense0.12%0.61%0.60%0.54%0.58%

Principal U.S. Mega-Cap ETF (USMC) Holdings & Exposure

USMC Sector Exposure

USMC Industry Exposure


USMC ETF - Frequently Asked Questions

How have USMC shares performed in 2024?

Principal U.S. Mega-Cap ETF's stock was trading at $46.76 at the beginning of the year. Since then, USMC stock has increased by 5.7% and is now trading at $49.43.
View the best growth stocks for 2024 here
.

Are investors shorting Principal U.S. Mega-Cap ETF?

Principal U.S. Mega-Cap ETF saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 17,500 shares, a drop of 20.8% from the March 31st total of 22,100 shares. Based on an average daily trading volume, of 111,600 shares, the short-interest ratio is presently 0.2 days.
View Principal U.S. Mega-Cap ETF's Short Interest
.

How often does Principal U.S. Mega-Cap ETF pay dividends? What is the dividend yield for Principal U.S. Mega-Cap ETF?

Principal U.S. Mega-Cap ETF declared a dividend on Monday, April 1st. Stockholders of record on Tuesday, April 2nd will be paid a dividend of $0.1548 per share on Thursday, April 4th. The ex-dividend date is Monday, April 1st.
Read our dividend analysis for USMC
.

What does USMC invest in?

Principal U.S. Mega-Cap ETF is a equity fund issued by Principal. USMC focuses on large cap investments. The fund's investments total to approximately $2.21 billion assets under management.

What stocks does Principal U.S. Mega-Cap ETF hold?
What is the management fee for Principal U.S. Mega-Cap ETF?

Principal U.S. Mega-Cap ETF's management fee is 0.15% and has no other recorded expenses. However, USMC has a fee waiver of -0.03% to reimburse the expenses. The net expense ratio for USMC is 0.12%.

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

Principal U.S. Mega-Cap ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.97%), Legacy CG LLC (0.82%), O Brien Wealth Partners LLC (0.79%) and Raymond James & Associates (0.53%).

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.
Compare Top Brokerages Here.

This page (NASDAQ:USMC) was last updated on 4/25/2024 by MarketBeat.com Staff

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