Principal Sustainable Momentum Index ETF
PMOM
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Oct 18, 2017
- CIK
- 0001572661
- Similar Companies
- Business
- Principal Sustainable Momentum Index ETF (PMOM) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the Nasdaq U.S. Sustainable Momentum Index, which identifies large- and mid-cap U.S. equity securities exhibiting sustainable price momentum across growth, value, and multiple market environments; the fund employs a full replication strategy, holding approximately 135 components with no more than 25% concentration in any single industry; it offers investors exposure to diversified sectors including technology, healthcare, and consumer discretionary, with a focus on momentum stocks selected via quantitative models based on historical price data over various periods. PMOM, issued by Principal Exchange-Traded Funds—a subsidiary of Principal Financial Group, Inc., founded in 1879 and headquartered in Des Moines, Iowa—launched in 2017 and trades on Nasdaq; the fund targets U.S. institutional and retail investors seeking factor-based equity strategies, operating primarily in the North American market. Recent developments include ongoing low assets under management around $4-4.43 million as of late 2025, with a year-to-date return of approximately -1.07% and a dividend yield of 1.69%; while no major acquisitions, partnerships, or liquidations have been announced in the past 1-2 years, Principal Asset Management has pursued broader ETF lineup changes, such as renaming the Principal Investment Grade Corporate Active ETF and launching new products like the International Equity ETF (PIEQ) in November 2024; PMOM remains active amid these strategic reviews, with recent trading activity noted at $27.69 per share.