Bey Douglas LLC increased its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP – Free Report) by 15.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,849 shares of the company’s stock after buying an additional 937 shares during the quarter. Bey Douglas LLC’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $311,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in TCHP. Atlantic Edge Private Wealth Management LLC acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter worth about $25,000. Comerica Bank acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter worth about $38,000. Russell Investments Group Ltd. acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter worth about $67,000. Saxony Capital Management LLC acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter worth about $221,000. Finally, Wealthcare Advisory Partners LLC boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 5.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 6,075 shares of the company’s stock valued at $231,000 after purchasing an additional 300 shares in the last quarter.
T. Rowe Price Blue Chip Growth ETF Trading Down 3.5%
NYSEARCA TCHP opened at $47.86 on Friday. The stock’s 50 day moving average is $47.91 and its two-hundred day moving average is $43.90. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 37.14 and a beta of 1.14. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $32.67 and a 1-year high of $49.82.
T. Rowe Price Blue Chip Growth ETF Profile
The T. Rowe Price Blue Chip Growth ETF (TCHP) is an exchange-traded fund that is based on the Russell 1000 Growth index. The ETF currently has 291.89m in AUM and 78 holdings. TCHP is an actively-managed, non-transparent fund that focus on companies with potential for above-average growth TCHP was launched on Aug 4, 2020 and is managed by T.
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