Essex Financial Services Inc. Grows Holdings in T. Rowe Price Blue Chip Growth ETF $TCHP

Essex Financial Services Inc. increased its stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 40.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 51,559 shares of the company’s stock after purchasing an additional 14,750 shares during the period. Essex Financial Services Inc.’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $2,520,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Comerica Bank acquired a new position in T. Rowe Price Blue Chip Growth ETF during the first quarter worth $38,000. Glass Jacobson Investment Advisors llc grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 92.4% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,351 shares of the company’s stock valued at $115,000 after buying an additional 1,129 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at $172,000. TD Waterhouse Canada Inc. lifted its stake in T. Rowe Price Blue Chip Growth ETF by 192.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,561 shares of the company’s stock worth $202,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Ground Swell Capital LLC acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 3rd quarter worth about $209,000.

T. Rowe Price Blue Chip Growth ETF Price Performance

NYSEARCA TCHP opened at $46.94 on Thursday. The company has a market cap of $1.77 billion, a P/E ratio of 37.14 and a beta of 1.15. The stock has a 50-day moving average of $49.07 and a two-hundred day moving average of $48.77. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $32.67 and a 1-year high of $51.77.

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.