Diversify Wealth Management LLC Takes Position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Diversify Wealth Management LLC acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 8,985 shares of the company’s stock, valued at approximately $361,000. Diversify Wealth Management LLC owned about 0.06% of T. Rowe Price Blue Chip Growth ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its stake in T. Rowe Price Blue Chip Growth ETF by 122.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,036 shares of the company’s stock worth $37,000 after acquiring an additional 571 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the 2nd quarter worth about $61,000. Signaturefd LLC acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the 3rd quarter worth about $70,000. Destination Wealth Management acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the 2nd quarter worth about $211,000. Finally, Maple Capital Management Inc. acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the 1st quarter worth about $260,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of TCHP opened at $40.03 on Friday. The business’s 50-day moving average is $39.32 and its two-hundred day moving average is $37.90. The company has a market capitalization of $632.87 million, a P/E ratio of 36.31 and a beta of 1.27. T. Rowe Price Blue Chip Growth ETF has a fifty-two week low of $27.70 and a fifty-two week high of $41.15.

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.