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) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 113,160 shares, an increase of 28.2% from the February 12th total of 88,258 shares. Based on an average daily volume of 163,414 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 163,414 shares, the days-to-cover ratio is presently 0.7 days.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of NYSEARCA TCHP traded down $0.50 during midday trading on Friday, reaching $45.30. 104,831 shares of the company traded hands, compared to its average volume of 208,784. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 37.14 and a beta of 1.15. The stock has a 50-day moving average price of $47.98 and a 200 day moving average price of $48.72. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $32.67 and a 52 week high of $51.77.

Institutional Trading of T. Rowe Price Blue Chip Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 5.6% in the 4th quarter. Cetera Investment Advisers now owns 3,570,939 shares of the company’s stock worth $178,047,000 after acquiring an additional 189,906 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in T. Rowe Price Blue Chip Growth ETF by 28.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,959,197 shares of the company’s stock worth $88,850,000 after purchasing an additional 434,992 shares in the last quarter. Glenview Trust Co increased its stake in T. Rowe Price Blue Chip Growth ETF by 7.6% in the 4th quarter. Glenview Trust Co now owns 1,946,936 shares of the company’s stock worth $97,074,000 after purchasing an additional 136,690 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in 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, Glenview Trust co raised its holdings in T. Rowe Price Blue Chip Growth ETF by 4.7% during the 2nd quarter. Glenview Trust co now owns 1,759,213 shares of the company’s stock worth $79,780,000 after buying an additional 78,719 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.