Sound Income Strategies LLC Raises Stock Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Sound Income Strategies LLC lifted its holdings in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 23.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 229,604 shares of the company’s stock after purchasing an additional 43,036 shares during the quarter. Sound Income Strategies LLC’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $10,213,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in TCHP. Armstrong Fleming & Moore Inc lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 6.6% during the 4th quarter. Armstrong Fleming & Moore Inc now owns 506,688 shares of the company’s stock worth $25,263,000 after buying an additional 31,162 shares in the last quarter. Cambria Investment Management L.P. purchased a new position in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at approximately $539,000. Glenview Trust Co grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 7.6% in the fourth quarter. Glenview Trust Co now owns 1,946,936 shares of the company’s stock worth $97,074,000 after acquiring an additional 136,690 shares in the last quarter. Capital Analysts LLC grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 29.0% in the fourth quarter. Capital Analysts LLC now owns 66,663 shares of the company’s stock worth $3,324,000 after acquiring an additional 14,998 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth $2,118,000.

T. Rowe Price Blue Chip Growth ETF Trading Down 1.7%

T. Rowe Price Blue Chip Growth ETF stock opened at $49.29 on Friday. The firm has a market capitalization of $2.13 billion, a P/E ratio of 37.14 and a beta of 1.20. T. Rowe Price Blue Chip Growth ETF has a twelve month low of $42.26 and a twelve month high of $53.26. The stock’s fifty day simple moving average is $50.71 and its 200-day simple moving average is $48.73.

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.