Northwestern Mutual Wealth Management Co. Has $90.94 Million Stock Holdings in T. Rowe Price Blue Chip Growth ETF $TCHP

Northwestern Mutual Wealth Management Co. decreased its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,823,801 shares of the company’s stock after selling 116,242 shares during the period. Northwestern Mutual Wealth Management Co. owned 4.85% of T. Rowe Price Blue Chip Growth ETF worth $90,935,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Comerica Bank bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 1st quarter worth about $38,000. MidAtlantic Capital Management Inc. bought a new stake in T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth approximately $86,000. Allworth Financial LP grew its holdings in T. Rowe Price Blue Chip Growth ETF by 430.3% during the fourth quarter. Allworth Financial LP now owns 2,084 shares of the company’s stock valued at $104,000 after purchasing an additional 1,691 shares during the last quarter. Optiver Holding B.V. bought a new position in shares of T. Rowe Price Blue Chip Growth ETF in the third quarter valued at approximately $175,000. Finally, Marino Stram & Associates LLC bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth $206,000.

T. Rowe Price Blue Chip Growth ETF Price Performance

T. Rowe Price Blue Chip Growth ETF stock opened at $52.79 on Friday. The firm has a fifty day moving average price of $48.61 and a two-hundred day moving average price of $48.59. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 37.14 and a beta of 1.19. T. Rowe Price Blue Chip Growth ETF has a fifty-two week low of $42.05 and a fifty-two week high of $52.93.

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.