Principal Real Estate Active Opportunities ETF (BYRE)
Principal Real Estate Active Opportunities ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Des Moines, IA, US. The stock last traded at $27.29, up 0.72% on the session, giving a market capitalisation of $25.3M. Its beta of 0.91 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund (ETF) invests in Real Estate Investment Trusts (REITs), pursuing a dual mandate of achieving superior total returns and generating a reliable income stream. Its portfolio primarily comprises U.S. real estate securities, yet it maintains the flexibility to capitalize on compelling international real estate opportunities. Building upon the success of our flagship REIT mutual funds, BYRE stands apart with a deliberate focus on higher tracking error and elevated income objectives.
Principal Real Estate Active Opportunities ETF is most often compared with the following Financial Services names: