T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Short Interest Up 28.2% in February

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 113,160 shares, a growth of 28.2% from the February 12th total of 88,258 shares. Based on an average daily trading volume, of 163,414 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 163,414 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers boosted its position in shares of T. Rowe Price Blue Chip Growth ETF by 108.9% during the 2nd quarter. Cetera Investment Advisers now owns 3,282,913 shares of the company’s stock valued at $148,880,000 after purchasing an additional 1,711,474 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 28.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,959,197 shares of the company’s stock worth $88,850,000 after buying an additional 434,992 shares in the last quarter. Mars Jewett Financial Group Inc. bought a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth approximately $18,545,000. Price T Rowe Associates Inc. MD grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 16.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,760,001 shares of the company’s stock worth $87,754,000 after buying an additional 250,000 shares during the period. Finally, &PARTNERS grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 1,126.6% during the 4th quarter. &PARTNERS now owns 236,866 shares of the company’s stock worth $11,810,000 after buying an additional 217,556 shares during the period.

T. Rowe Price Blue Chip Growth ETF Stock Up 1.4%

TCHP stock opened at $45.92 on Tuesday. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 37.14 and a beta of 1.15. The company’s fifty day simple moving average is $47.90 and its 200 day simple moving average is $48.71. T. Rowe Price Blue Chip Growth ETF has a 12-month low of $32.67 and a 12-month high of $51.77.

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.