Principal Capital Appreciation Select ETF

LCAP

Market cap $1.88B

Active ETFs continue to thrive amid the overall ETF surge that has dominated asset management in recent years. Active ETFs not only provide adaptable, thematic opportunities.

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DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset Management℠ announced the launch of the Principal Capital Appreciation Select ETF (LCAP). This ETF will be managed by Principal Edge, an investment team within Principal Asset Management overseeing $21.1 billion in AUM1. With ongoing market volatility, the case for active equity ETFs — particularly those with large-cap U.S. exposure — is growing stronger. Unlike passive strategies, active management provides the flexibility to navigate uncertai.