Commonwealth Equity Services LLC Buys New Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Commonwealth Equity Services LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 831,287 shares of the company’s stock, valued at approximately $42,736,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TCHP. PNC Financial Services Group Inc. bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the first quarter valued at approximately $104,521,000. Cetera Investment Advisers raised its holdings in T. Rowe Price Blue Chip Growth ETF by 9.8% in the first quarter. Cetera Investment Advisers now owns 3,921,510 shares of the company’s stock worth $173,252,000 after purchasing an additional 350,571 shares in the last quarter. D.A. Davidson & CO. bought a new position in T. Rowe Price Blue Chip Growth ETF in the third quarter worth $14,188,000. Glenview Trust Co raised its holdings in T. Rowe Price Blue Chip Growth ETF by 5.9% in the first quarter. Glenview Trust Co now owns 2,061,290 shares of the company’s stock worth $91,068,000 after purchasing an additional 114,354 shares in the last quarter. Finally, Arete Wealth Advisors LLC bought a new position in T. Rowe Price Blue Chip Growth ETF in the first quarter worth $2,551,000.

T. Rowe Price Blue Chip Growth ETF Trading Up 1.2%

Shares of T. Rowe Price Blue Chip Growth ETF stock opened at $46.57 on Friday. The firm has a market capitalization of $1.99 billion, a P/E ratio of 37.14 and a beta of 1.21. The business has a fifty day simple moving average of $50.45 and a two-hundred day simple moving average of $49.27. T. Rowe Price Blue Chip Growth ETF has a 12 month low of $42.26 and a 12 month high of $53.26.

About T. Rowe Price Blue Chip Growth ETF

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.