Envestnet Asset Management Inc. Acquires 24,675 Shares of Principal Real Estate Active Opportunities ETF (NYSEARCA:BYRE)

Envestnet Asset Management Inc. raised its holdings in shares of Principal Real Estate Active Opportunities ETF (NYSEARCA:BYRE) by 14.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 200,418 shares of the company’s stock after acquiring an additional 24,675 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.50% of Principal Real Estate Active Opportunities ETF worth $4,687,000 at the end of the most recent reporting period.

Separately, Virtu Financial LLC bought a new position in shares of Principal Real Estate Active Opportunities ETF during the 4th quarter worth approximately $320,000.

Principal Real Estate Active Opportunities ETF Stock Down 0.8 %

Shares of BYRE opened at $26.60 on Wednesday. The stock has a market capitalization of $10.64 million, a P/E ratio of 34.28 and a beta of 0.95. Principal Real Estate Active Opportunities ETF has a twelve month low of $19.73 and a twelve month high of $27.34. The company has a 50 day moving average of $25.93 and a 200-day moving average of $23.99.

About Principal Real Estate Active Opportunities ETF

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.