On November 12, 2025, PRINCIPAL SECURITIES, INC. disclosed purchasing more shares of Principal U.S. Mega-Cap ETF (USMC), increasing its stake by 9%. The total position amounted to 4,379,501 shares, valued at $298.56 million as of September 30, 2025, adding $47.92 million in position value.

The fund increased its USMC position to 4.92% of 13F AUM, with top holdings including USMC at $298.56 million (4.92% of AUM), IVV at $179.91 million (2.96% of AUM), AGG at $131.48 million (2.17% of AUM), BCHP at $127.28 million (2.10% of AUM), and PSC at $126.44 million (2.08% of AUM).

Shares of USMC were priced at $69.26 as of November 11, 2025, showing a 17.55% increase over the past year, outperforming the S&P 500 by 2.96 percentage points. The annualized dividend yield was 0.80%, and the position previously represented 4.71% of fund AUM as of the prior quarter.

Principal U.S. Mega-Cap ETF focuses on investing in U.S. mega-cap equities, targeting the largest companies in the S&P 500. The portfolio emphasizes equity securities from the top 50th percentile of the S&P 500, providing exposure to leading U.S. companies across various sectors in an index-based investment strategy.

The purchase of USMC shares by PRINCIPAL SECURITIES, INC. aligns with its focus on ETFs and significant holdings across thousands of companies. The 4.92% stake in USMC stands out, reflecting confidence in the market’s top companies and potential growth. This move signifies ongoing optimism amid record-high indexes and a bullish market outlook.

Read more at Yahoo Finance: Principal Securities Loads Up 373,000 Principal US Mega-Cap ETF Shares