Rothschild Investment LLC Takes $2.12 Million Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Rothschild Investment LLC acquired a new stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 42,480 shares of the company’s stock, valued at approximately $2,118,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Armstrong Fleming & Moore Inc grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 6.6% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 506,688 shares of the company’s stock valued at $25,263,000 after purchasing an additional 31,162 shares during the period. Bradley Foster & Sargent Inc. CT purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the third quarter valued at $797,000. Cambria Investment Management L.P. purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the third quarter valued at about $539,000. Glenview Trust Co grew its position in T. Rowe Price Blue Chip Growth ETF by 2.9% during the third quarter. Glenview Trust Co now owns 1,810,246 shares of the company’s stock valued at $88,485,000 after acquiring an additional 51,033 shares during the period. Finally, Sound Income Strategies LLC purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the fourth quarter valued at about $9,218,000.

T. Rowe Price Blue Chip Growth ETF Trading Up 0.5%

TCHP stock opened at $52.79 on Friday. The stock has a 50-day moving average price of $48.61 and a two-hundred day moving average price of $48.59. T. Rowe Price Blue Chip Growth ETF has a 12-month low of $42.05 and a 12-month high of $52.93. The company has a market cap of $2.20 billion, a PE ratio of 37.14 and a beta of 1.19.

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.