USMC
Closed
Principal U.s. Mega-cap Etf
53.92
-1.04 (-1.89%)
Last Update: 06 Sep 2024 23:15:00
Yesterday: 54.96
Day's Range: 53.78 - 54.95
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When Written:
39.76
The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that seeks to track the performance of the NASDAQ US Mega Cap Select Leaders Index. The fund invests in the largest U.S. companies based on market capitalization, including well-known names such as Apple, Microsoft, Amazon, and Facebook.
USMC aims to provide investors with exposure to the top-performing U.S. mega-cap stocks while maintaining a diversified portfolio. The fund has an expense ratio of 0.12%, making it a relatively low-cost option for investors.
As of August 2021, the fund has total net assets of over $2.2 billion and holds 50 stocks. The top holdings of the fund include Apple, Microsoft, Amazon, Alphabet (Google), and Facebook.
USMC is a passively managed fund, meaning that it seeks to replicate the performance of its underlying index rather than trying to outperform it through active management. This approach can result in lower management fees and potentially better long-term returns for investors.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
USMC aims to provide investors with exposure to the top-performing U.S. mega-cap stocks while maintaining a diversified portfolio. The fund has an expense ratio of 0.12%, making it a relatively low-cost option for investors.
As of August 2021, the fund has total net assets of over $2.2 billion and holds 50 stocks. The top holdings of the fund include Apple, Microsoft, Amazon, Alphabet (Google), and Facebook.
USMC is a passively managed fund, meaning that it seeks to replicate the performance of its underlying index rather than trying to outperform it through active management. This approach can result in lower management fees and potentially better long-term returns for investors.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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