IFP Advisors Inc Decreases Holdings in T. Rowe Price Blue Chip Growth ETF $TCHP

IFP Advisors Inc trimmed its position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 81.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,610 shares of the company’s stock after selling 20,510 shares during the period. IFP Advisors Inc’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $225,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of TCHP. Comerica Bank purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at $38,000. Royal Bank of Canada grew its stake in T. Rowe Price Blue Chip Growth ETF by 7.4% during the 1st quarter. Royal Bank of Canada now owns 65,275 shares of the company’s stock worth $2,487,000 after buying an additional 4,524 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in 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 valued at $88,850,000 after buying an additional 434,992 shares in the last quarter. Legacy Capital Wealth Partners LLC increased its position in T. Rowe Price Blue Chip Growth ETF by 9.6% during the 2nd quarter. Legacy Capital Wealth Partners LLC now owns 25,661 shares of the company’s stock valued at $1,164,000 after buying an additional 2,247 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in T. Rowe Price Blue Chip Growth ETF in the second quarter valued at about $893,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of NYSEARCA TCHP opened at $42.63 on Friday. T. Rowe Price Blue Chip Growth ETF has a fifty-two week low of $32.67 and a fifty-two week high of $51.77. The company has a market cap of $1.60 billion, a PE ratio of 37.14 and a beta of 1.15. The business has a 50-day simple moving average of $46.91 and a two-hundred day simple moving average of $48.52.

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.