Novem Group Takes Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Novem Group purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,061 shares of the company’s stock, valued at approximately $851,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Glenview Trust Co boosted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 2.9% in the 3rd quarter. Glenview Trust Co now owns 1,810,246 shares of the company’s stock worth $88,485,000 after buying an additional 51,033 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 23.3% during the third quarter. Jones Financial Companies Lllp now owns 850,979 shares of the company’s stock valued at $41,205,000 after acquiring an additional 161,060 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 1.7% during the third quarter. Commonwealth Equity Services LLC now owns 750,484 shares of the company’s stock worth $36,684,000 after acquiring an additional 12,546 shares during the period. Armstrong Fleming & Moore Inc lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 6.6% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 506,688 shares of the company’s stock worth $25,263,000 after acquiring an additional 31,162 shares during the period. Finally, Harbor Group Inc. boosted its position in T. Rowe Price Blue Chip Growth ETF by 3.4% in the fourth quarter. Harbor Group Inc. now owns 488,615 shares of the company’s stock worth $24,362,000 after purchasing an additional 16,025 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Performance

NYSEARCA TCHP opened at $49.36 on Wednesday. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $35.55 and a 52-week high of $51.77. The company has a 50-day simple moving average of $46.21 and a 200 day simple moving average of $48.27. The company has a market capitalization of $2.05 billion, a PE ratio of 37.14 and a beta of 1.20.

T. Rowe Price Blue Chip Growth ETF 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.