Principal Healthcare Innovators ETF (NASDAQ:BTEC) Shares Sold by PSI Advisors LLC

PSI Advisors LLC reduced its stake in Principal Healthcare Innovators ETF (NASDAQ:BTEC) by 5.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,908 shares of the company’s stock after selling 291 shares during the period. PSI Advisors LLC owned approximately 1.20% of Principal Healthcare Innovators ETF worth $179,000 at the end of the most recent reporting period.

Separately, Principal Securities Inc. acquired a new stake in Principal Healthcare Innovators ETF in the 4th quarter valued at about $230,000.

Principal Healthcare Innovators ETF Price Performance

Shares of BTEC stock remained flat at $39.49 during trading hours on Thursday. Principal Healthcare Innovators ETF has a 12 month low of $25.66 and a 12 month high of $41.10. The firm’s 50 day moving average price is $38.34 and its 200-day moving average price is $37.31. The firm has a market cap of $16.19 million, a PE ratio of 16.50 and a beta of 1.01.

About Principal Healthcare Innovators ETF

The Principal Healthcare Innovators ETF (BTEC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to hold equities of small- and mid-cap healthcare firms in the US. The fund uses a proprietary, quantitative model to construct the portfolio. BTEC was launched on Aug 19, 2016 and is managed by Principal.