Principal U.S. Mega-Cap ETF Sees Significant Inflow, Notable Performance Trends

In the latest week, the Principal U.S. Mega-Cap ETF (Symbol: USMC) has emerged as a notable player among exchange-traded funds (ETFs). It experienced an inflow of approximately $312.5 million, translating to an 11.5% increase in outstanding units from 43,060,001 to 48,020,001.

Today, among USMC’s major holdings, Mastercard Inc (Symbol: MA) is down about 0.4%, Berkshire Hathaway Inc New (Symbol: BRK.B) has risen by 0.5%, and Procter & Gamble Company (Symbol: PG) has increased by approximately 0.9%. For a full list of USMC’s holdings, visit the USMC Holdings page »

The chart below illustrates USMC’s performance over the past year compared to its 200-day moving average:

Over the past 52 weeks, USMC has fluctuated between a low of $48.515 and a high of $63.1307, with the latest trade occurring at $62.78. Analyzing the current share price against the 200-day moving average provides additional insights for investors—learn more about the 200-day moving average ».

Exchange-traded funds, or ETFs, function similarly to stocks. Instead of “shares,” investors trade “units.” These units can be bought and sold like stocks, but they can also be created or destroyed based on market demand. Each week, we track changes in shares outstanding to identify ETFs that are either gaining or losing units. When new units are created, the underlying assets must be acquired, while the destruction of units necessitates selling those holdings, impacting the individual stocks within the ETFs.

Click here to see which 9 other ETFs had notable inflows »

Also see:

• APTO Market Cap History
• OCSL Split History
• CI MACD

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.