Commonwealth Equity Services LLC Increases Stock Holdings in Principal Focused Blue Chip ETF (BATS:BCHP)

Commonwealth Equity Services LLC increased its stake in Principal Focused Blue Chip ETF (BATS:BCHP) by 27.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,583 shares of the company’s stock after acquiring an additional 5,148 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Principal Focused Blue Chip ETF were worth $802,000 at the end of the most recent reporting period.

Separately, Principal Securities Inc. lifted its stake in shares of Principal Focused Blue Chip ETF by 4.6% in the fourth quarter. Principal Securities Inc. now owns 1,859,734 shares of the company’s stock worth $63,250,000 after buying an additional 82,227 shares in the last quarter.

Principal Focused Blue Chip ETF Price Performance

BCHP opened at $32.50 on Thursday. The firm has a market capitalization of $113.10 million, a price-to-earnings ratio of 33.03 and a beta of 1.10. The company’s 50 day simple moving average is $34.03 and its two-hundred day simple moving average is $33.99. Principal Focused Blue Chip ETF has a 1-year low of $29.74 and a 1-year high of $36.90.

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.