PSET Principal Price Setters Index ETF
Seeks to track, before fees and expenses, the Nasdaq U.S. Price Setters Index. The index is designed to provide exposure to equity securities of mid- to large-capitalization U.S. companies within the Nasdaq U.S. Large Mid Cap Index which exhibit high degrees of pricing power. The Index starts with the top 550 stocks in the Nasdaq U.S. Large Mid Cap Index by market capitalization. The Index ranks the eligible stocks on 11 equally weighted factors: 1) EPS Growth 1Y; 2) EPS Growth 3Y; 3) Operating Margin; 4) Operating Margin Growth 1Y; 5) 12 months Return Volatility; 6) Sales Growth 3Y; 7) Return on Equity; 8) The Coefficient of Variation (CV) of 7Y EPS; 9) Earning Quality; 10) The Standard Deviation of 7Y Operating Margin; 11) The Coefficient of Variation of 2nd Fiscal Year EPS Estimate. The top 150 securities by final rank are selected for the Index.
$50.84 0.00 (0.00%)
As of 03/16/2023 00:00:00 EST IEX book CBOE book
ETF Information
Sponsor: Principal Funds
Category1: US Equity
Category2: Broad market
Category3: Large cap
Morningstar category: Large Growth
Leverage factor: 1.00
Inception date: 03/21/2016
Index tracking method: Passive replication
Current yield: 1.42%
Historical average yield: 1.24%
Market cap: $28,660,552
Average volume: 8,357
Fees: 0.2900%
Index Information
Nasdaq US Price Setters Index
Index symbol: NQPRCE
Provider: NASDAQ OMX
Total return index symbol: NQPRCET
Index weighting: Equal weighted
Index inception date: 01/19/2016
Backtesting data exists: Yes
Number of holdings: 150
Strategy: Multi-factor investing
Factors used to select securities: