Short Interest in Principal Focused Blue Chip ETF (BATS:BCHP) Decreases By 42.3%

Principal Focused Blue Chip ETF (BATS:BCHPGet Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 6,172 shares, a drop of 42.3% from the April 15th total of 10,701 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 22,456 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Principal Focused Blue Chip ETF

Large investors have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new position in Principal Focused Blue Chip ETF in the fourth quarter valued at $99,000. Simplicity Wealth LLC increased its holdings in Principal Focused Blue Chip ETF by 8.9% in the first quarter. Simplicity Wealth LLC now owns 13,289 shares of the company’s stock valued at $435,000 after buying an additional 1,089 shares during the last quarter. Citadel Advisors LLC purchased a new position in Principal Focused Blue Chip ETF in the third quarter valued at $707,000. Susquehanna International Group LLP purchased a new position in Principal Focused Blue Chip ETF in the third quarter valued at $805,000. Finally, Next Level Private LLC purchased a new position in Principal Focused Blue Chip ETF in the fourth quarter valued at $1,064,000.

Principal Focused Blue Chip ETF Trading Down 1.3%

Shares of BATS BCHP opened at $37.34 on Friday. The stock has a market cap of $137.41 million, a P/E ratio of 34.56 and a beta of 0.98. The business’s fifty day simple moving average is $35.15 and its 200-day simple moving average is $36.30. Principal Focused Blue Chip ETF has a 12-month low of $31.55 and a 12-month high of $38.78.

Principal Focused Blue Chip ETF Company Profile

(Get Free Report)

The Principal Focused Blue Chip ETF (BCHP) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap growth companies globally. The fund uses the Fidelity non-transparent model BCHP was launched on Jul 13, 2023 and is issued by Principal.

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