T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) saw unusually-strong trading volume on Monday . Approximately 2,468,542 shares were traded during trading, an increase of 872% from the previous session’s volume of 253,892 shares.The stock last traded at $45.90 and had previously closed at $45.30.

T. Rowe Price Blue Chip Growth ETF Stock Performance

The firm has a market cap of $1.73 billion, a P/E ratio of 37.14 and a beta of 1.15. The business’s fifty day moving average is $47.98 and its 200-day moving average is $48.73.

Institutional Trading of T. Rowe Price Blue Chip Growth ETF

Large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its position 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 valued at $88,850,000 after acquiring an additional 434,992 shares during the period. Mars Jewett Financial Group Inc. acquired a new stake in T. Rowe Price Blue Chip Growth ETF in the fourth quarter worth $18,545,000. Price T Rowe Associates Inc. MD grew its holdings in T. Rowe Price Blue Chip Growth ETF by 16.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,760,001 shares of the company’s stock worth $87,754,000 after purchasing an additional 250,000 shares during the period. &PARTNERS increased its stake in T. Rowe Price Blue Chip Growth ETF by 1,126.6% in the fourth quarter. &PARTNERS now owns 236,866 shares of the company’s stock valued at $11,810,000 after purchasing an additional 217,556 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in T. Rowe Price Blue Chip Growth ETF by 5.6% in the fourth quarter. Cetera Investment Advisers now owns 3,570,939 shares of the company’s stock valued at $178,047,000 after purchasing an additional 189,906 shares in the last quarter.

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.