Principal Focused Blue Chip ETF Price & Performance (BCHP)

Recent first-quarter earnings have breathed life into ETFs tracking the so-called Magnificent 7 tech stocks. Stronger-than-expected results from key components have led to increased investor flows and optimism that the sector could outperform in the coming months, despite lingering concerns about valuations and market volatility.12

The Principal Focused Blue Chip ETF (BCHP) has demonstrated relative stability, closing at $33.90 on May 8. Microsoft, Amazon, and Alphabet remain its top holdings. Technical analysis suggests cautious optimism, with potential upside if resistance levels are breached, though investors are advised to monitor for volatility.34

The Matthews Asia Dividend Active ETF is currently trading at a small premium to its net asset value, with a market price of $33.28. The fund maintains a diversified portfolio of 66 positions and boasts strong return on equity, though investors should note recent modest declines in both NAV and market price.56