Principal Healthcare Innovators ETF (NASDAQ:BTEC) Position Cut by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lowered its position in shares of Principal Healthcare Innovators ETF (NASDAQ:BTEC) by 32.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,274 shares of the company’s stock after selling 4,429 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Principal Healthcare Innovators ETF were worth $337,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Elevated Capital Advisors LLC grew its position in Principal Healthcare Innovators ETF by 3.8% in the 4th quarter. Elevated Capital Advisors LLC now owns 8,275 shares of the company’s stock worth $301,000 after purchasing an additional 300 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Principal Healthcare Innovators ETF by 11.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,121 shares of the company’s stock worth $242,000 after buying an additional 619 shares during the period. LPL Financial LLC grew its holdings in Principal Healthcare Innovators ETF by 8.4% in the 4th quarter. LPL Financial LLC now owns 9,091 shares of the company’s stock worth $306,000 after buying an additional 702 shares in the last quarter. UBS Group AG increased its position in Principal Healthcare Innovators ETF by 146.1% in the 3rd quarter. UBS Group AG now owns 1,415 shares of the company’s stock valued at $49,000 after acquiring an additional 840 shares during the period. Finally, Commonwealth Equity Services LLC bought a new stake in Principal Healthcare Innovators ETF during the 3rd quarter valued at $216,000.

Principal Healthcare Innovators ETF Stock Down 1.0 %

Shares of NASDAQ BTEC opened at $33.52 on Monday. The firm’s 50-day simple moving average is $37.33 and its 200 day simple moving average is $33.89. The stock has a market cap of $39.22 million, a P/E ratio of 16.50 and a beta of 1.01. Principal Healthcare Innovators ETF has a fifty-two week low of $25.66 and a fifty-two week high of $39.75.

Principal Healthcare Innovators ETF Profile

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.