Principal U.S. Large-Cap Multi-Factor ETF (PLC)
Principal U.S. Large-Cap Multi-Factor ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $30.13, down 0.30% on the session, giving a market capitalisation of $7.4M. Its beta of 0.00 implies it has historically moved less than the broad market.
This ETF's primary objective is to closely replicate the performance of the Nasdaq US Large Cap Select Leaders Core Index, prior to accounting for its operational expenses. Under normal market conditions, the fund will allocate at least 80% of its total assets, including any capital acquired through borrowing for investment purposes, to shares of large-capitalization U.S. companies that comprise the index when purchased. The index itself utilizes a sophisticated quantitative framework to pinpoint stocks from the broader Nasdaq US Large Cap Index that demonstrate robust potential across key attributes such as value, quality growth, and strong momentum.
Principal U.S. Large-Cap Multi-Factor ETF is most often compared with the following Financial Services names: