Principal Securities Inc. Acquires 82,227 Shares of Principal Focused Blue Chip ETF (BATS:BCHP)

Principal Securities Inc. grew its holdings in Principal Focused Blue Chip ETF (BATS:BCHP) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,859,734 shares of the company’s stock after buying an additional 82,227 shares during the quarter. Principal Focused Blue Chip ETF makes up 1.4% of Principal Securities Inc.’s portfolio, making the stock its 7th largest position. Principal Securities Inc. owned 136.75% of Principal Focused Blue Chip ETF worth $63,250,000 as of its most recent SEC filing.

Principal Focused Blue Chip ETF Price Performance

BCHP stock opened at $35.21 on Friday. The stock has a fifty day moving average of $34.96 and a 200 day moving average of $33.63.

Principal Focused Blue Chip ETF 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.