Principal Focused Blue Chip ETF (BATS:BCHP) Stock Short Interest Report for September

Principal Focused Blue Chip ETF (BATS:BCHP) was the recipient of a large 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. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 32,815 shares, the days-to-cover ratio is presently 0.1 days.

Principal Focused Blue Chip ETF Stock Performance

BCHP stock opened at $38.60 on Wednesday. The firm has a fifty day moving average price of $38.15 and a 200 day moving average price of $37.06. Principal Focused Blue Chip ETF has a fifty-two week low of $31.55 and a fifty-two week high of $40.00. The firm has a market cap of $142.05 million, a PE ratio of 34.56 and a beta of 0.98.

Institutional Investors Weigh In On Principal Focused Blue Chip ETF

An institutional investor recently raised its position in Principal Focused Blue Chip ETF stock. Envestnet Asset Management Inc. raised its holdings in shares of Principal Focused Blue Chip ETF (BATS:BCHP) by 2.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,842,578 shares of the company’s stock after purchasing an additional 92,103 shares during the quarter. Envestnet Asset Management Inc. owned 104.42% of Principal Focused Blue Chip ETF worth $138,986,000 as of its most recent filing with the Securities & Exchange Commission.

About Principal Focused Blue Chip ETF

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.