Envestnet Asset Management Inc. Sells 66,581 Shares of Principal Focused Blue Chip ETF $BCHP

Envestnet Asset Management Inc. lessened its holdings in Principal Focused Blue Chip ETF (BATS:BCHP) by 3.0% in the second quarter, Holdings Channel reports. The firm owned 2,143,784 shares of the company’s stock after selling 66,581 shares during the period. Envestnet Asset Management Inc. owned 0.58% of Principal Focused Blue Chip ETF worth $78,521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Simplicity Wealth LLC bought a new position in Principal Focused Blue Chip ETF in the 2nd quarter valued at $507,000.

Principal Focused Blue Chip ETF Price Performance

Shares of BATS:BCHP opened at $37.77 on Friday. The company has a market capitalization of $138.99 million, a PE ratio of 34.56 and a beta of 0.98. The business has a fifty day moving average price of $37.71 and a two-hundred day moving average price of $36.29. Principal Focused Blue Chip ETF has a 1 year low of $28.45 and a 1 year high of $37.66.

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.