Envestnet Asset Management Inc. Increases Holdings in Principal Focused Blue Chip ETF (BATS:BCHP)

Envestnet Asset Management Inc. raised its stake in Principal Focused Blue Chip ETF (BATS:BCHP) by 20.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 685,704 shares of the company’s stock after purchasing an additional 117,995 shares during the quarter. Envestnet Asset Management Inc. owned about 50.42% of Principal Focused Blue Chip ETF worth $22,057,000 at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC raised its holdings in shares of Principal Focused Blue Chip ETF by 72.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 18,331 shares of the company’s stock valued at $590,000 after buying an additional 7,722 shares during the period.

Principal Focused Blue Chip ETF Price Performance

BATS BCHP opened at $33.17 on Monday. The business has a fifty day moving average of $31.91 and a 200 day moving average of $31.53.

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.