Principal Healthcare Innovators ETF (BTEC)

NASDAQ: BTEC · IEX Real-Time Price · USD
36.33
-0.76 (-2.05%)
Dec 29, 2023, 4:00 PM EST - Market closed
-2.05%
Assets $48.16M
Expense Ratio 0.42%
PE Ratio n/a
Shares Out n/a
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return +9.07%
Volume 3,644
Open 36.43
Previous Close 37.09
Day's Range 36.33 - 36.50
52-Week Low 25.66
52-Week High 38.00
Beta n/a
Holdings 227
Inception Date Aug 19, 2016

About BTEC

Fund Home Page

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 issued by Principal.

Asset Class Equity
Category Health
Region North America
Stock Exchange NASDAQ
Ticker Symbol BTEC
ETF Provider Principal

Top 10 Holdings

22.83% of assets
Name Symbol Weight
Exact Sciences Corporation EXAS 3.18%
Alnylam Pharmaceuticals, Inc. ALNY 3.09%
Karuna Therapeutics, Inc. KRTX 2.81%
Bio-Rad Laboratories, Inc. BIO 2.20%
Illumina, Inc. ILMN 2.05%
Sarepta Therapeutics, Inc. SRPT 2.00%
ImmunoGen, Inc. IMGN 1.96%
Cytokinetics, Incorporated CYTK 1.95%
BridgeBio Pharma, Inc. BBIO 1.84%
Elanco Animal Health Incorporated ELAN 1.76%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 29, 2021 $0.45322 Jan 3, 2022
Dec 17, 2020 $0.21542 Dec 22, 2020
Dec 15, 2017 $0.04155 Dec 20, 2017
Full Dividend History

News

Build Off Growth in Healthcare Innovation With BTEC

If the ongoing pandemic has taught anything, it's the need for healthcare innovation. That's exactly what the Principal Healthcare Innovators ETF (BTEC) is all about.

2 years ago - ETF Trends

9 Best Biotech ETFs to Play High-Octane Trends

Biotechnology is a dynamic but often volatile industry. These biotech ETFs provide a lower-risk way to invest in the space.

2 years ago - Kiplinger

Goldman Sachs Likes These Health Tech Stocks

Broadly speaking, the healthcare sector is generally viewed as defensive, but there growing pockets of disruption and innovation in the space, including health technology equities. For investors looki...

2 years ago - ETF Trends

An ETF to Home In on Innovative Health Care Growth

An exchange traded fund that tracks healthcare and technology themes can help diversify and enhance investment portfolios. In the recent webcast, Investing for tomorrow, today: Exploring the future of...

2 years ago - ETF Trends

Investing for Tomorrow, Today: Exploring the Future of Health Care

In the upcoming webcast, Investing for tomorrow, today: Exploring the future of health care, Steve Jones, Client Portfolio Manager, Principal Global Systematic Solutions; Jeffrey Schwarte, Portfolio M...

2 years ago - ETF Trends

Health Tech x Remote Work: Principal's BTEC ETF

The coronavirus pandemic altered the healthcare landscape and how and where people work. The Principal Healthcare Innovators Index ETF (BTEC) is an exchange traded fund at the epicenter of those theme...

2 years ago - ETF Trends

AI Can Drive the Next Generation of Healthcare Innovation

When it comes to innovation, healthcare is a sector-level leader, especially when the Principal Healthcare Innovators Index ETF (BTEC) taps into that trend. BTEC seeks to provide investment results th...

3 years ago - ETF Trends

Biotech ETFs Pop Amid Pending J&J Vaccine Approval

Biotech ETFs are climbing Wednesday as the Food and Drug Administration's staff endorsed Johnson & Johnson's coronavirus vaccine for emergency use, a key step in offering a third vaccination to the U....

Other symbols: IBB
3 years ago - ETF Trends

Bank on BTEC in the Ever-Elusive Search for Healthcare Innovation

The Principal Healthcare Innovators Index ETF (BTEC) became quite the story among healthcare exchange traded funds last year. BTEC seeks to provide investment results that closely correspond, before e...

3 years ago - ETF Trends

Moderna Helps Biotech ETFs Mitigate Massive Losses as Stocks Tumble

While much of the stock market and associated index ETFs are bathed in red to start the new year, Moderna is rallying, as the biotech company is boosting its vaccine output to help the spiking infecti...

3 years ago - ETF Trends

Principal on Trends in Portfolio Construction Amid 2020 Volatility

ETF Trends CEO Tom Lydon spoke with Ed Nini, Global Head of Product Strategy for Principal Global Investors, about the tumultuous year that has been 2020 and what kinds of strategies have been put int...

Other symbols: PQDIPREFUSMC
3 years ago - ETF Trends

The BTEC ETF: Access to Consistent Healthcare Innovation

Bolstered by positioning that includes exposure to companies fighting the coronavirus pandemic, the Principal Healthcare Innovators Index ETF (BTEC) is a pleasant surprise among healthcare exchange tr...

3 years ago - ETF Trends

Principal's BTEC ETF Luring Investors Seeking Telemedicine Exposure

The Principal Healthcare Innovators Index ETF (BTEC) is often viewed as an exchange traded fund with access to biotechnology stocks and companies working on coronavirus vaccines. That's true, but the ...

3 years ago - ETF Trends

ETF Opportunities Abound in an Increasingly Monolithic Healthcare Industry

With progress being made on the coronavirus vaccine front, the Principal Healthcare Innovators Index ETF (BTEC) is an example of a healthcare exchange traded fund getting into its groove. Fortunately,...

3 years ago - ETF Trends

Best Biotech ETFs for Q1 2021

The best biotech ETFs for Q1 2021 are ARKG, BTEC, and IDNA.

Other symbols: ARKGIDNA
3 years ago - Investopedia

The Intensifying Vaccine Race Spells Success for BTEC

The race to bringing a coronavirus vaccine to market is heating up. That spells opportunity for the Principal Healthcare Innovators Index ETF (BTEC).

3 years ago - ETF Trends

Is Principal's BTEC the Healthcare ETF to Hold Come Election Day?

The Principal Healthcare Innovators Index ETF (BTEC) is among the healthcare exchange traded funds that have encountered some rough sledding of late due to pre-Election Day jitters. However market obs...

3 years ago - ETF Trends

The Principal Healthcare ETF Thriving under Vaccine Progress

The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) is an example of an exchange traded fund that's been sensitive to coronavirus vaccine headlines. While there's a lot to like about the Prin...

3 years ago - ETF Trends

3 Health Care ETFs Where Components Are Enduring Downgrades

After setting scintillating paces earlier this thanks to the race to develop a coronavirus vaccine, some health care exchange-traded funds are languishing.

Other symbols: PBEPTH
3 years ago - Benzinga

3 ETFs To Play Gilead's $21B Immunomedics Takeover

Biotechnology mergers and acquisitions appear to be back in a big way with news that Gilead Sciences (NASDAQ: GILD) is acquiring Immunomedics (NASDAQ: IMMU) for $21 billion.

Other symbols: PTH
3 years ago - Benzinga

Innovation Sets This Healthcare ETF Apart

Among healthcare ETFs, the Principal Healthcare Innovators Index ETF (BTEC) is one of the names taking the category by storm this year. BTEC seeks to provide investment results that closely correspond...

3 years ago - ETF Trends

A Targeted Biotech ETF to Access Next-Gen Healthcare Opportunities

As we take a closer look at the opportunities in the biotechnology industry, investors can focus on healthcare developments posed to support rapid growth through a targeted exchange traded fund invest...

3 years ago - ETF Trends

Coronavirus Vaccine is Coming, Providing Catalysts for this ETF

The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) is already on a scintillating pace this year and that upside could be extended as a wave of coronavirus vaccines hits the wires over the ne...

3 years ago - ETF Trends

A Healthcare ETF Offering Some Immunity During Election Year

The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) is among the cadre of healthcare ETFs that are soaring this year owing to the COVID-19 pandemic, but with Election Day drawing closer, inve...

3 years ago - ETF Trends

Possibilities Remain Plentiful for This Innovative ETF

With significant tailwinds by way of the coronavirus pandemic, the Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) is a rising star among healthcare ETFs. Fortunately, the long-term outlook f...

3 years ago - ETF Trends