Advisor Boosts $14 Million Bet on U.S. Mega-Cap ETF as Markets Lean Back Into Giants

Wealth Advisors of Iowa, an independent financial planning company, disclosed a substantial increase in its stake in the Principal U.S. Mega-Cap ETF (NASDAQ:USMC) during the third quarter, adding 144,585 shares, according to an SEC filing dated November 14.According to a filing with the Securities and Exchange Commission (SEC) dated November 14, Wealth Advisors of Iowa increased its stake in the Principal U.S. Mega-Cap ETF (NASDAQ:USMC) by 144,585 shares. The total position value rose to $14.16 million, up from the prior quarter, with the stake now representing 4.82% of the fund’s reportable U.S. equity assets.Top holdings after the filing:  Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool