NewEdge Advisors LLC Acquires 10,813 Shares of T. Rowe Price Blue Chip Growth ETF $TCHP

NewEdge Advisors LLC boosted its holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 12.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 96,807 shares of the company’s stock after acquiring an additional 10,813 shares during the period. NewEdge Advisors LLC’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $4,277,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cherry Tree Wealth Management LLC bought a new position in shares of T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth approximately $25,000. Triumph Capital Management bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the fourth quarter valued at approximately $27,000. Arax Advisory Partners acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth approximately $30,000. Comerica Bank acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter worth approximately $38,000. Finally, Fifth Third Bancorp bought a new position in T. Rowe Price Blue Chip Growth ETF during the 1st quarter worth $44,000.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of NYSEARCA TCHP opened at $48.11 on Friday. The stock has a market capitalization of $2.07 billion, a PE ratio of 37.14 and a beta of 1.20. The business has a fifty day moving average price of $50.04 and a two-hundred day moving average price of $48.63. T. Rowe Price Blue Chip Growth ETF has a fifty-two week low of $42.26 and a fifty-two week high of $53.26.

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.