T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Short Interest Update

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 63,102 shares, a drop of 59.4% from the December 15th total of 155,538 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 96,905 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 96,905 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of NYSEARCA:TCHP traded up $0.05 during trading on Thursday, hitting $49.49. The company’s stock had a trading volume of 1,585,897 shares, compared to its average volume of 380,460. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 37.14 and a beta of 1.15. The company has a 50-day moving average of $49.62 and a 200-day moving average of $48.37. T. Rowe Price Blue Chip Growth ETF has a 12 month low of $32.67 and a 12 month high of $51.77.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Comerica Bank bought a new position in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter worth approximately $38,000. Glass Jacobson Investment Advisors llc boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 92.4% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,351 shares of the company’s stock worth $115,000 after buying an additional 1,129 shares during the period. Evolution Wealth Management Inc. bought a new position in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter worth $172,000. Optiver Holding B.V. purchased a new stake in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter worth $175,000. Finally, TD Waterhouse Canada Inc. raised its holdings in T. Rowe Price Blue Chip Growth ETF by 192.2% during the second quarter. TD Waterhouse Canada Inc. now owns 4,561 shares of the company’s stock valued at $202,000 after acquiring an additional 3,000 shares during the period.

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.