T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sets New 12-Month High – Here’s What Happened

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $42.38 and last traded at $42.38, with a volume of 9051 shares. The stock had previously closed at $42.18.

T. Rowe Price Blue Chip Growth ETF Price Performance

The company has a market capitalization of $668.60 million, a PE ratio of 36.31 and a beta of 1.27. The firm’s 50 day moving average is $39.85 and its 200 day moving average is $38.34.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Stratos Wealth Advisors LLC increased its stake in shares of T. Rowe Price Blue Chip Growth ETF by 0.8% during the third quarter. Stratos Wealth Advisors LLC now owns 36,045 shares of the company’s stock valued at $1,429,000 after buying an additional 274 shares during the period. First Foundation Advisors increased its position in T. Rowe Price Blue Chip Growth ETF by 0.3% during the 1st quarter. First Foundation Advisors now owns 100,862 shares of the company’s stock valued at $3,560,000 after purchasing an additional 284 shares during the period. Truist Financial Corp raised its holdings in T. Rowe Price Blue Chip Growth ETF by 0.4% in the 2nd quarter. Truist Financial Corp now owns 94,237 shares of the company’s stock worth $3,649,000 after purchasing an additional 397 shares in the last quarter. Sittner & Nelson LLC lifted its position in shares of T. Rowe Price Blue Chip Growth ETF by 2.5% in the 3rd quarter. Sittner & Nelson LLC now owns 16,710 shares of the company’s stock worth $662,000 after purchasing an additional 400 shares during the period. Finally, Private Advisor Group LLC boosted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 3.9% during the 3rd quarter. Private Advisor Group LLC now owns 12,324 shares of the company’s stock valued at $489,000 after purchasing an additional 460 shares in the last quarter.

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.