According to the ETF Finder at ETF Channel, BPI makes up 1.10% of the Guggenheim Insider Sentiment ETF (NFO) which is up by about 0.1% on the day Friday.
In afternoon trading Friday, BPI was off about 1.9% on the day.
The overall Department of Education budget will be $59 billion in 2018.
Investors have poured hundreds of millions into education stocks recently, but education experts suggest caution.
The Consumer Financial Protection Bureau today ordered Bridgepoint Education (BPI) to pay out $23.5 million to students.
A number of for-profit education companies have shuttered and other failures could be on the way.