Northwestern Mutual Wealth Management Co. Sells 116,242 Shares of T. Rowe Price Blue Chip Growth ETF $TCHP

Northwestern Mutual Wealth Management Co. trimmed its position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 6.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,823,801 shares of the company’s stock after selling 116,242 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $90,935,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Comerica Bank bought a new position in T. Rowe Price Blue Chip Growth ETF in the first quarter valued at approximately $38,000. Royal Bank of Canada raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 7.4% during the 1st quarter. Royal Bank of Canada now owns 65,275 shares of the company’s stock valued at $2,487,000 after acquiring an additional 4,524 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 2nd quarter valued at $893,000. Benjamin Edwards Inc. lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 18.7% in the 2nd quarter. Benjamin Edwards Inc. now owns 119,614 shares of the company’s stock valued at $5,424,000 after purchasing an additional 18,863 shares during the period. Finally, MML Investors Services LLC boosted its position in shares of T. Rowe Price Blue Chip Growth ETF by 46.4% in the 2nd quarter. MML Investors Services LLC now owns 52,264 shares of the company’s stock worth $2,370,000 after purchasing an additional 16,567 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Trading Up 0.5%

Shares of TCHP opened at $52.79 on Friday. The stock has a market cap of $2.20 billion, a P/E ratio of 37.14 and a beta of 1.19. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $42.05 and a 1 year high of $52.93. The stock’s 50-day moving average price is $48.61 and its two-hundred day moving average price is $48.59.

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.