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Principal Exchange-Traded Funds - Principal Value ETF is an exchange traded fund launched by Principal Financial Services, Inc. It is managed by Principal Global Investors, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization, within the market capitalization range of the S&P 500 Index. It invests in dividend paying stocks of companies. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary and external research to create its portfolio. Principal Exchange-Traded Funds - Principal Value ETF was formed on March 21, 2016 and is domiciled in the United States.