Advisor Boosts $14 Million Bet on U.S. Mega-Cap ETF as Markets Lean Back Into Giants
The Motley Fool·2026-01-02 19:14
The position comes alongside several other big bets on the broader market.Wealth Advisors of Iowa, an independent financial planning company, disclosed a substantial increase in its stake in the Principal U.S. Mega-Cap ETF (USMC 0.56%) during the third quarter, adding 144,585 shares, according to an SEC filing dated November 14.What HappenedAccording 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 ...