Principal Focused Blue Chip ETF
BCHP
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 711 High Street Des Moines IA United States of America 50392
- IPO Date
- Jul 13, 2023
- CIK
- 0001450501
- Website
- principalam.com
- Similar Companies
- Business
- Principal Focused Blue Chip ETF (BCHP) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large market capitalization companies displaying characteristics of blue chip enterprises, including high-quality firms led by owner-operators; the fund is non-diversified and emphasizes a highly active approach with concentrated top holdings, high active share relative to benchmarks like the Russell 1000 Growth Index, and a focus on companies with aligned incentives, long-term outlooks, and strong capital allocation; top holdings as of late 2025 include Amazon.com Inc. (14.48%), Microsoft Corp. (13.98%), Brookfield Corp. (10.03%), TransDigm Group Inc. (6.31%), and Alphabet Inc. Cl C (5.39%), with sector allocations led by technology (approximately 28%), consumer cyclical (22%), and financial services (22%). BCHP operates within the large growth equity segment, targeting institutional and retail investors seeking exposure to U.S.-centric large-cap equities with global elements (approximately 90% U.S. stocks, 10% non-U.S.), and maintains total assets under management of around $190 million as of December 2025, with an expense ratio of 0.58% and annual dividend frequency. Launched on July 12, 2023, and domiciled in the United States, the ETF is managed by Principal Global Investors, LLC, the investment advisor arm of Principal Asset Management, which traces its origins to 1994 as the global investment management business of Principal Financial Group (established 1879 and headquartered in Des Moines, Iowa). Recent developments for the Principal ETF lineup, which includes BCHP among 10 active ETFs totaling approximately $4.7 billion in assets, encompass the November 2024 launch of the Principal International Equity ETF (PIEQ) to expand international large-cap offerings, ongoing expansions in model portfolio strategies, and announced changes such as the renaming of the Principal Investment Grade Corporate Active ETF to Principal Investment Grade Corporate ETF alongside a venue shift from NYSE Arca to Cboe BZX effective April 2026; institutional ownership has grown significantly, with inflows exceeding $50 million in the last 12 months from entities like Principal Securities Inc. and Envestnet Asset Management Inc.