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  4. USMC

Market Cap: $3.63B

PE

Principal U.S. Mega-Cap ETF

USMC
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The content published on Cashu Finance is for informational purposes only and should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. All opinions expressed are those of the authors and do not reflect the official position of Cashu Technologies Pty Ltd or its affiliates. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

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Company Profile

USMC seeks long-term capital growth by targeting mega-caps in the US equity market. Mega-cap refers to a company with a market capitalization in the top 50th percentile of the S&P 500. To build the portfolio, the fund utilizes a proprietary, quantitative model. Companies in the S&P 500 with the largest market capitalizations are selected, with low-volatility stocks typically given greater weight in the portfolio. In constructing the model and managing the portfolio, the fund adviser uses insights from multiple sources, including internal research, industry reports, and third-party data. While the portfolio is rebalanced at least annually, the fund adviser has the discretion to make adjustments. Prior to September 30, 2020, the fund name was Principal U.S. Mega-Cap Multi-Factor Index ETF. On June 10, 2022, the fund ceased tracking the NASDAQ US Mega Cap Select Leaders Index and transitioned to an active management strategy.

SectorFinancial Services
IndustryAsset Management
IPO DateOct 12, 2017
ExchangeNASDAQ
Exchange NameNASDAQ
CurrencyUSD
Headquarters & Contact
Address711 High Street
City / State / ZIPDes Moines, IA, 50392
CountryUnited States
Phone1-800-222-5852
Websitehttps://www.principalam.com/us/fund/usmc