Principal Focused Blue Chip ETF (BATS:BCHP – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,733 shares, a decrease of 54.1% from the September 15th total of 5,951 shares. Based on an average daily trading volume, of 32,815 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.
Principal Focused Blue Chip ETF Stock Down 1.9%
Shares of BCHP opened at $37.87 on Thursday. The company has a market capitalization of $139.36 million, a P/E ratio of 34.56 and a beta of 0.98. The firm has a 50 day moving average of $38.13 and a 200 day moving average of $37.10. Principal Focused Blue Chip ETF has a twelve month low of $31.55 and a twelve month high of $40.00.
Hedge Funds Weigh In On Principal Focused Blue Chip ETF
An institutional investor recently raised its stake in Principal Focused Blue Chip ETF stock. Envestnet Asset Management Inc. raised its holdings in shares of Principal Focused Blue Chip ETF (BATS:BCHP – Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,842,578 shares of the company’s stock after purchasing an additional 92,103 shares during the period. Envestnet Asset Management Inc. owned approximately 104.42% of Principal Focused Blue Chip ETF worth $138,986,000 at the end of the most recent quarter.
Principal Focused Blue Chip ETF Company Profile
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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