Principal Securities Inc. Acquires 12,151 Shares of Principal Real Estate Active Opportunities ETF (NYSEARCA:BYRE)

Principal Securities Inc. raised its holdings in shares of Principal Real Estate Active Opportunities ETF (NYSEARCA:BYRE) by 5.8% during the third quarter, Holdings Channel reports. The fund owned 221,223 shares of the company’s stock after buying an additional 12,151 shares during the period. Principal Securities Inc. owned about 0.55% of Principal Real Estate Active Opportunities ETF worth $5,956,000 at the end of the most recent reporting period.

Separately, Envestnet Asset Management Inc. grew its holdings in shares of Principal Real Estate Active Opportunities ETF by 14.0% in the second quarter. Envestnet Asset Management Inc. now owns 200,418 shares of the company’s stock worth $4,687,000 after purchasing an additional 24,675 shares during the last quarter.

Principal Real Estate Active Opportunities ETF Stock Performance

Shares of Principal Real Estate Active Opportunities ETF stock opened at $25.62 on Friday. Principal Real Estate Active Opportunities ETF has a 52-week low of $20.82 and a 52-week high of $27.34. The stock has a market capitalization of $10.25 million, a price-to-earnings ratio of 34.28 and a beta of 0.95. The company’s 50 day moving average price is $26.45 and its 200-day moving average price is $24.50.

Principal Real Estate Active Opportunities ETF Company Profile

The Principal Real Estate Active Opportunities ETF (BYRE) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, non-transparent fund that seeks total return by centering on US-listed companies in the real estate industry, selected using a bottom-up fundamental approach.