Principal Capital Appreciation Select ETF

LCAP

Market cap $318M

Thank you for your interest in ETF Wrap, and for making it a part of your weekly reading over the years.

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.