T. Rowe Price Blue Chip Growth ETF $TCHP Shares Newly Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the third quarter, HoldingsChannel.com reports. The firm bought 275,977 shares of the company’s stock, valued at approximately $14,188,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Cetera Investment Advisers increased its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 9.8% during the first quarter. Cetera Investment Advisers now owns 3,921,510 shares of the company’s stock worth $173,252,000 after purchasing an additional 350,571 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter valued at approximately $104,521,000. Glenview Trust Co raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 5.9% in the first quarter. Glenview Trust Co now owns 2,061,290 shares of the company’s stock valued at $91,068,000 after buying an additional 114,354 shares in the last quarter. Harbor Group Inc. raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 6.6% in the third quarter. Harbor Group Inc. now owns 589,998 shares of the company’s stock valued at $30,332,000 after buying an additional 36,557 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 23.1% in the first quarter. Sound Income Strategies LLC now owns 229,604 shares of the company’s stock valued at $10,213,000 after buying an additional 43,036 shares during the period.

T. Rowe Price Blue Chip Growth ETF Trading Down 1.1%

Shares of TCHP stock opened at $49.62 on Friday. The stock has a market cap of $2.11 billion, a P/E ratio of 37.14 and a beta of 1.20. The stock has a 50 day simple moving average of $50.77 and a 200 day simple moving average of $49.32. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $42.26 and a 1 year high of $53.26.

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.