Principal Value ETF (PY)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
PY Chart
PY: Unconvincing Shareholder Yield ETF
Principal Value ETF implements a strategy targeting income growth and based on shareholder yield. Shareholder yield has a proven ability to provide excess return over the long term. PY is well diversified across sectors and holdings and has value characteristics.
Principal Value ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 1.43M | $69.34M | $77.05M | $7.71M | 11.12% |
| MB Michael Byun SageView Advisory Group LLC | 95 | $4,961 | $5,122.4 | $161.4 | 3.25% |
| SAM Smartleaf Asset Management LLC Smartleaf Asset Management LLC | 17,237 | $845,815.52 | $929,763.78 | $83,948.26 | 9.93% |
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Principal Value ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company primarily engages in the investment in equity securities, with a significant focus on value stocks. It operates under the management of Principal Global Investors, LLC (PGI), which employs a proprietary quantitative model to guide its investments. This model is designed to identify mid- to large-capitalization companies listed on the S&P 500 Index that are characterized by their high levels of shareholder yield. Shareholder yield is an important metric for the company, representing the total amount of money returned to shareholders in the form of dividends and share repurchases. The company's investment philosophy centers around selecting and constructing a portfolio of these types of equity securities, aiming to generate value for its investors by focusing on companies that are committed to rewarding their shareholders.
Products and Services
- Equity Securities Investment
This service represents the core of the company's offerings, involving strategic investment in equity securities. Specifically, the company targets value stocks, preferring companies that exhibit strong fundamentals and are undervalued in the market. The focus is on mid- to large-capitalization companies within the S&P 500 Index, which are likely to offer stable returns and possess strong market presence.
- Portfolio Construction and Management
Utilizing a proprietary quantitative model, the company provides portfolio construction and management services. This model aids in the selection of equity securities that demonstrate higher degrees of shareholder yield. Through meticulous analysis and a structured approach to portfolio construction, the company seeks to optimize investment outcomes for its clients, aligning their portfolios with their financial goals and risk tolerance.
