Home » ETF » BTEC

BTEC - Principal Healthcare Innovators Index ETF

Stock Price: $58.62 USD 1.64 (2.88%)
Updated Apr 21, 2021 4:00 PM EDT - Market closed
After-hours: $58.00 -0.62 (-1.06%) Apr 21, 7:49 PM
Assets $165.01M
NAV $56.90
Expense Ratio 0.42%
PE Ratio 12.75
Beta (5Y) 1.24
Dividend (ttm) $0.22
Dividend Yield 0.38%
Ex-Dividend Date Dec 17, 2020
1-Year Return -
Trading Day April 21
Last Price $58.62
Previous Close $56.98
Change ($) 1.64
Change (%) 2.88%
Day's Open 56.80
Day's Range 57.58 - 58.62
Day's Volume 7,514
52-Week Range 36.23 - 73.38

Fund Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index that are small and medium capitalization U.S. healthcare companies.

Asset Class
Equity
Sector
Large Cap
Region
North America
Inception Date
Aug 19, 2016
Exchange
NASDAQ
Ticker Symbol
BTEC
Index Tracked
NASDAQ U.S. Healthcare Innovators Index

Top 10 Holdings

25.21% of assets
NameSymbolWeight
ModernaMRNA4.82%
Zimmer BiometZBH3.07%
Horizon TherapeuticsHZNP2.73%
Exact SciencesEXAS2.69%
Alnylam PharmaceuticalsALNY2.23%
Guardant HealthGH2.06%
Teladoc HealthTDOC2.01%
Dentsply SironaXRAY1.90%
BioMarin PharmaceuticalBMRN1.86%
SeagenSGEN1.85%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.00Apr 7, 2021
Dec 17, 2020$0.215Dec 22, 2020
Dec 15, 2017$0.0416Dec 20, 2017
Full Dividend History

News

Hide News
  • All
  • Videos
  • Conversation

Investors are closely tracking the progress in coronavirus vaccine development amid the pandemic's renewed resurgence with multiple mutants.

Other tickers mentioned: AZN, BBH, BNTX, FBT, IBB, MRNA, NVAX ...
2 weeks ago - Zacks Investment Research

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 themes.

2 weeks ago - ETF Trends

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 that...

4 weeks ago - ETF Trends

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.S....

Other tickers mentioned: IBB
1 month ago - ETF Trends

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 exp...

2 months ago - ETF Trends

The biotech space had an impressive run on the bourses in 2020 as the coronavirus pandemic triggered a race to roll out vaccine and treatment.

Other tickers mentioned: ARKG, BBH, BNTX, CNCR, FBT, IBB, PBE ...
3 months ago - Zacks Investment Research

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 infection...

3 months ago - ETF Trends

The coronavirus pandemic triggered a race to introduce vaccine and treatment, thereby opening up new investing opportunities in the biotech sector in 2020.

Other tickers mentioned: ARKG, GNOM, IDNA, XBI
3 months ago - Zacks Investment Research

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 into ...

Other tickers mentioned: PQDI, PREF, USMC
3 months ago - ETF Trends

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 trad...

4 months ago - ETF Trends

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 fu...

5 months ago - ETF Trends

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, t...

5 months ago - ETF Trends

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

Other tickers mentioned: ARKG, IDNA
5 months ago - Investopedia

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

5 months ago - ETF Trends

With the latest quarterly results season well underway, let's take a look at 3 stocks to buy for earnings announcement returns. The post 3 Stocks To Buy For Earnings Announcement Returns appeared first ...

Other tickers mentioned: HD, XLF
5 months ago - InvestorPlace

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 obser...

5 months ago - ETF Trends

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 Princi...

6 months ago - ETF Trends

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

Other tickers mentioned: PBE, PTH
6 months ago - Benzinga

The healthcare sector defied last week's market rout buoyed by the progress in the development of a coronavirus vaccine or treatment, and merger and acquisition news.

Other tickers mentioned: BBC, IBBJ, IDNA, MRNS, NVUS, PTH, SAVA ...
7 months ago - Zacks Investment Research

The S&P 500, the Dow Jones and the Nasdaq Composite have lost about 0.6%, 0.03% and 0.6%, respectively, past week.

Other tickers mentioned: IBBJ, BETZ, LIT
7 months ago - Zacks Investment Research

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 tickers mentioned: IBBJ, PTH
7 months ago - Benzinga

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, ...

7 months ago - ETF Trends

Per the latest data from an early stage clinical trial, Moderna's experimental coronavirus vaccine is successfully producing neutralizing antibodies and T-cells in older adults.

Other tickers mentioned: BBH, CNCR, GERM, IBB, IDNA, XBI
7 months ago - Zacks Investment Research

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 investme...

7 months ago - ETF Trends

Small-cap biotech ETFs may prove to be winning bets with or without coronavirus.

Other tickers mentioned: BBC, IBBJ, IDNA
7 months ago - Zacks Investment Research

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 near...

8 months ago - ETF Trends

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, invest...

8 months ago - ETF Trends

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 for...

8 months ago - ETF Trends

Amid the coronavirus pandemic, some healthcare ETFs are coming off age and showing they have the right mix of innovation and growth to reward investors. That group includes the Principal Healthcare Inno...

8 months ago - ETF Trends

Biotech ETFs are, in a word, hot.

Other tickers mentioned: CNCR, GERM, IBB, PBE, XBI
8 months ago - Kiplinger

Biotech ETFs are popular and delivering for investors, but not all of these funds need the Covid-19 pandemic to soar.

Other tickers mentioned: ARKG, CNCR, FBT, GERM, SBIO, XBI
8 months ago - InvestorPlace

It’s been an eventful first seven months of 2020 for healthcare ETFs. With innovation and the coronavirus fight at the forefront of the sector discussion, the Principal Healthcare Innovators Index ETF (...

8 months ago - ETF Trends

The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) is one of this year’s most impressive stories among the up-and-coming industry ETFs and the race to develop a coronavirus vaccine is a prime ...

8 months ago - ETF Trends

Moderna plans to begin the Phase 3 study of mRNA-1273 this month.

Other tickers mentioned: MRNA, BBH, CNCR, FBT, GERM, IBB, IDNA ...
9 months ago - Zacks Investment Research

Stock futures rocketed higher and are continuing the uptrend in overnight trading on Tuesday after Moderna said its coronavirus vaccine generated antibodies in all patients in an early trial, creating o...

Other tickers mentioned: BBH, CNCR, IBB, XBI
9 months ago - ETF Trends

The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) got a lift Monday and it was none other than Moderna pushing the already hot ETF to new highs. BTEC tracks the Nasdaq U.S.

9 months ago - ETF Trends

The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) is proving to be one of the most impressive healthcare ETFs this year and BTEC’s emergence as leader in its category is rooted in sound funda...

9 months ago - ETF Trends

As its name implies, the Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) offers investors an innovative approach to healthcare investing. Some of that innovation is borne out of doing things di...

9 months ago - ETF Trends

The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC) jumped 42% in the second quarter and with telemedicine booming in the healthcare arena, this innovative ETF could just be getting started. BT...

9 months ago - ETF Trends

Obviously, the Coronavirus pandemic is a negative, but there are some positives emerging, including advancements of services and technologies that were growing prior to the outbreak. That includes healt...

10 months ago - ETF Trends

The coronavirus is pushing telemedicine to the forefront of healthcare, but not all ETFs are adequately levered to this theme. The Principal Healthcare Innovators Index ETF (Nasdaq: BTEC), does however,...

10 months ago - ETF Trends

Moderna (MRNA) is one of the biggest stories in the biotechnology space this year because the company is one of the leading contenders to bring a coronavirus vaccine to market. To that point, Moderna st...

11 months ago - ETF Trends

Shares of biotechnology company Moderna Inc (NASDAQ: MRNA) jumped 20% Monday on news that its mRNA-1273 coronavirus vaccine candidate is making positive progress.

Other tickers mentioned: CNCR, IDNA
11 months ago - Benzinga

If there’s one benefit emerging from the coronavirus crisis, it’s that renewed emphasis is being placed on healthcare innovation, a theme accessible via the Principal Healthcare Innovators Index ETF (Na...

11 months ago - ETF Trends

Something's been brewing in the health care sector, the second-largest group in the S&P 500.

Other tickers mentioned: ARKG, BBC
11 months ago - Benzinga

These ETF areas showered gains in the lockdown-infected April.

Other tickers mentioned: AMLP, AMU, AMZA, FCG, GILD, GOAU, GOEX ...
11 months ago - Zacks Investment Research

The COVID-19 pandemic is altering how medicine is practiced.

11 months ago - ETF Trends

Since the coronavirus outbreak, health care technology has come to the fore with various innovations to combat the virus.

Other tickers mentioned: HTEC
1 year ago - ETF Trends

Healthcare is often viewed as a defensive sector, but as the group evolves, so does that reputation. These days, the sector is home to plenty of disruption and innovation, traits that are accessible wit...

1 year ago - ETF Trends

Increasing M&A deals, growing AI dominance and favorable regulatory tidings continue to work in favor of the biotech market.

Other tickers mentioned: ARKG, BBH, BBP, CNCR, FBT, IBB, PBE ...
1 year ago - Zacks Investment Research