T. Rowe Price Blue Chip Growth ETF $TCHP Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 4.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 397,945 shares of the company’s stock after purchasing an additional 15,282 shares during the quarter. Janney Montgomery Scott LLC owned about 0.96% of T. Rowe Price Blue Chip Growth ETF worth $17,581,000 at the end of the most recent reporting period.

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

T. Rowe Price Blue Chip Growth ETF Price Performance

T. Rowe Price Blue Chip Growth ETF stock opened at $50.09 on Wednesday. The firm has a 50 day simple moving average of $50.70 and a 200-day simple moving average of $48.73. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $42.26 and a 1-year high of $53.26. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 37.14 and a beta of 1.19.

T. Rowe Price Blue Chip Growth ETF Company 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. Rowe Price.