T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Shares Shorted: Short Interest Down 65.6% in September

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 27,855 shares, a drop of 65.6% from the August 31st total of 80,974 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 191,547 shares, the short-interest ratio is presently 0.1 days.

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

Shares of T. Rowe Price Blue Chip Growth ETF stock traded up $0.28 on Tuesday, reaching $51.49. The company’s stock had a trading volume of 112,662 shares, compared to its average volume of 222,779. The stock has a 50-day moving average price of $50.29 and a 200-day moving average price of $49.46. The company has a market capitalization of $2.18 billion, a P/E ratio of 37.14 and a beta of 1.20. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $42.26 and a 52-week high of $53.26.

Hedge Funds Weigh In On T. Rowe Price Blue Chip Growth ETF

Hedge funds have recently modified their holdings of the business. Capital Analysts LLC boosted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 29.0% in the 4th quarter. Capital Analysts LLC now owns 66,663 shares of the company’s stock valued at $3,324,000 after purchasing an additional 14,998 shares in the last quarter. Rothschild Investment LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth approximately $2,118,000. Trust Co of Kansas lifted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 1.8% during the fourth quarter. Trust Co of Kansas now owns 1,029,118 shares of the company’s stock worth $51,312,000 after purchasing an additional 17,834 shares during the period. Kingsview Wealth Management LLC bought a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth $701,000. Finally, WNY Asset Management LLC bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at about $603,000.

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.