Principal Healthcare Innovators Index ETF (BTEC)

NASDAQ: BTEC · IEX Real-Time Price · USD
34.67
+0.30 (0.87%)
At close: Oct 3, 2022 3:48 PM
34.61
-0.06 (-0.17%)
After-hours: Oct 3, 2022 4:15 PM EDT
0.87%
Assets $58.84M
NAV $34.61
Expense Ratio 0.42%
PE Ratio 13.97
Shares Out 1.70M
Dividend (ttm) $0.45
Dividend Yield 1.31%
Ex-Dividend Date Dec 29, 2021
1-Year Return -36.88%
Volume 839
Open 34.42
Previous Close 34.37
Day's Range 34.42 - 34.67
52-Week Low 27.71
52-Week High 57.70
Beta 1.12
Holdings 281
Inception Date Aug 19, 2016

About BTEC

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the healthcare sector. It invests significantly in early-stage companies within the healthcare equipment and supplies, pharmaceuticals, biotechnology, and life sciences industries that are not yet consistently profitable.

Asset Class Equity
Sector Large Cap
Region North America
Issuer Principal Financial Group
Stock Exchange NASDAQ
Ticker Symbol BTEC
Index Tracked NASDAQ U.S. Healthcare Innovators Index

Top 10 Holdings

24.50% of assets
Name Symbol Weight
Alnylam Pharmaceuticals ALNY 4.48%
Seagen SGEN 3.29%
BioMarin Pharmaceutical BMRN 3.13%
Biohaven Pharmaceutical Holding Co. BHVN 2.14%
Viatris VTRS 2.08%
ShockWave Medical SWAV 1.97%
Neurocrine Biosciences NBIX 1.96%
Sarepta Therapeutics SRPT 1.91%
agilon health AGL 1.89%
Jazz Pharmaceuticals JAZZ 1.63%
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 $0.05134 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.

8 months ago - ETF Trends

Can Biotech ETFs Gain From Positive Booster Update?

In an effort to combat the coronavirus outbreak and accelerate the distribution process of extra doses in the United States, the FDA has approved the vaccine booster shots.

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1 year ago - Zacks Investment Research

Biotech ETFs to Benefit From Latest Booster Update

The U.S. government's plans to make COVID-19 vaccine booster shots available from next month will likely increase the profits of vaccine makers.

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1 year ago - Zacks Investment Research

Delta Variant Surge Brings Biotech ETFs in Focus

The biotech sector seems like a lucrative investment space as the delta variant of coronavirus continues to spread.

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1 year ago - Zacks Investment Research

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.

1 year ago - Kiplinger

4 ETF Areas Surged Last Week

These four ETF areas were winners last week.

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Top-Performing Biotech ETFs of Last Week

Investors may want to tap the bullishness in the sector with the best biotech ETFs of last week.

1 year ago - Zacks Investment Research

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 looking...

1 year ago - ETF Trends

Biotech ETFs to Suffer as US Backs IP Waiver for COVID-19 Vaccines

The Biden administration recently informed about supporting the waiver of intellectual property protections for COVID-19 vaccines that has been proposed by South Africa and India.

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1 year ago - Zacks Investment Research

Top COVID-19 Vaccine Stories of April Put Biotech ETFs in Focus

Let's take a look at some top coronavirus vaccine stories of April and the possible impact they can have on biotech ETFs.

1 year ago - Zacks Investment Research

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 h...

1 year 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 Man...

1 year ago - ETF Trends

Top COVID-19 Vaccine Stories of March Put Biotech ETFs in Focus

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

Other symbols: BBHFBTIBBXBI
1 year ago - Zacks Investment Research

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 themes.

1 year 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 that...

1 year 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.S....

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1 year 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 exp...

1 year ago - ETF Trends

A Guide to Biotech ETF Investing Amid the Coronavirus Crisis

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.

1 year ago - Zacks Investment Research

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 infection...

1 year ago - ETF Trends

Top-Performing Biotech ETFs Amid the COVID-19 Crisis

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

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1 year ago - Zacks Investment Research

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 into ...

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1 year 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 trad...

1 year 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 fu...

2 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, t...

2 years ago - ETF Trends

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

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