Principal U.S. Mega-Cap ETF
Status: Publicly traded
Direct answer
Principal U.S. Mega-Cap ETF is publicly traded on NASDAQ under the ticker USMC.
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...
Can you invest in Principal U.S. Mega-Cap ETF?
Yes. Principal U.S. Mega-Cap ETF is publicly traded on NASDAQ under the ticker USMC.
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