2,365,791 Shares in T. Rowe Price Blue Chip Growth ETF $TCHP Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,365,791 shares of the company’s stock, valued at approximately $104,521,000. PNC Financial Services Group Inc. owned approximately 5.67% of T. Rowe Price Blue Chip Growth ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Armstrong Fleming & Moore Inc grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 6.6% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 506,688 shares of the company’s stock worth $25,263,000 after acquiring an additional 31,162 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF during the fourth quarter valued at about $9,218,000. Capital Analysts LLC raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 29.0% in the 4th quarter. Capital Analysts LLC now owns 66,663 shares of the company’s stock valued at $3,324,000 after purchasing an additional 14,998 shares during the last quarter. Glenview Trust Co raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 7.6% in the 4th quarter. Glenview Trust Co now owns 1,946,936 shares of the company’s stock valued at $97,074,000 after purchasing an additional 136,690 shares during the last quarter. Finally, Trust Co of Kansas raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 1.8% in the 4th quarter. Trust Co of Kansas now owns 1,029,118 shares of the company’s stock valued at $51,312,000 after purchasing an additional 17,834 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Down 0.3%

TCHP stock opened at $49.44 on Thursday. The stock has a market capitalization of $2.14 billion, a PE ratio of 37.14 and a beta of 1.20. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $42.26 and a 52 week high of $53.26. The firm has a 50 day moving average of $50.47 and a 200 day moving average of $48.72.

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. Rowe Price.