T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP – Get Free Report) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 75,849 shares, a growth of 149.6% from the July 30th total of 30,391 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 180,592 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Investors Weigh In On T. Rowe Price Blue Chip Growth ETF
A number of large investors have recently modified their holdings of TCHP. Cherry Tree Wealth Management LLC purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth approximately $27,000. Arax Advisory Partners acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter valued at approximately $30,000. Comerica Bank acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at approximately $38,000. Finally, Fifth Third Bancorp purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter worth $44,000.
T. Rowe Price Blue Chip Growth ETF Price Performance
Shares of NYSEARCA:TCHP opened at $50.74 on Friday. The business’s 50-day moving average is $49.86 and its 200 day moving average is $48.89. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $42.26 and a 1 year high of $53.26. The firm has a market capitalization of $2.19 billion, a P/E ratio of 37.14 and a beta of 1.20.
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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