Principal Sustainable Momentum Index ETF (NASDAQ:PMOM) shares rose 4.3% during mid-day trading on Tuesday . The company traded as high as $29.17 and last traded at $29.17, approximately 1,300 shares were traded during trading. A decline of 41% from the average daily volume of 2,200 shares. The stock had previously closed at $27.96.

The stock’s fifty day simple moving average is $28.44 and its 200-day simple moving average is $27.10.

A hedge fund recently raised its stake in Principal Sustainable Momentum Index ETF stock. Jane Street Group LLC increased its stake in Principal Sustainable Momentum Index ETF (NASDAQ:PMOM) by 38.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 17,381 shares of the company’s stock after buying an additional 4,801 shares during the quarter. Jane Street Group LLC owned 8.69% of Principal Sustainable Momentum Index ETF worth $505,000 at the end of the most recent quarter.

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