T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP – Get Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 30,391 shares, a decrease of 48.9% from the July 15th total of 59,520 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 196,537 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Investors Weigh In On T. Rowe Price Blue Chip Growth ETF
A number of institutional investors have recently added to or reduced their stakes in TCHP. Cherry Tree Wealth Management LLC purchased a new stake in T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth $25,000. Triumph Capital Management purchased a new position in T. Rowe Price Blue Chip Growth ETF during the fourth quarter valued at $27,000. Arax Advisory Partners acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the fourth quarter valued at about $30,000. Comerica Bank acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter valued at about $38,000. Finally, Fifth Third Bancorp purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the first quarter worth about $44,000.
T. Rowe Price Blue Chip Growth ETF Trading Down 0.4%
TCHP traded down $0.20 during trading on Friday, hitting $51.58. The company’s stock had a trading volume of 138,911 shares, compared to its average volume of 232,108. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 37.14 and a beta of 1.20. T. Rowe Price Blue Chip Growth ETF has a twelve month low of $42.26 and a twelve month high of $53.26. The business’s fifty day simple moving average is $49.80 and its 200 day simple moving average is $48.76.
About T. Rowe Price Blue Chip Growth ETF
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. Rowe Price.
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