Armstrong Fleming & Moore Inc Acquires 18,315 Shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Armstrong Fleming & Moore Inc grew its position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 261,174 shares of the company’s stock after acquiring an additional 18,315 shares during the quarter. T. Rowe Price Blue Chip Growth ETF comprises 6.1% of Armstrong Fleming & Moore Inc’s holdings, making the stock its 4th largest position. Armstrong Fleming & Moore Inc’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $8,083,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in TCHP. Janney Montgomery Scott LLC lifted its position in T. Rowe Price Blue Chip Growth ETF by 3.9% during the third quarter. Janney Montgomery Scott LLC now owns 16,222 shares of the company’s stock worth $441,000 after buying an additional 616 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in T. Rowe Price Blue Chip Growth ETF by 8.3% during the third quarter. Envestnet Asset Management Inc. now owns 137,291 shares of the company’s stock worth $3,729,000 after buying an additional 10,561 shares in the last quarter. Sittner & Nelson LLC lifted its position in T. Rowe Price Blue Chip Growth ETF by 6.3% during the third quarter. Sittner & Nelson LLC now owns 13,565 shares of the company’s stock worth $368,000 after buying an additional 800 shares in the last quarter. Glenview Trust co lifted its position in T. Rowe Price Blue Chip Growth ETF by 8.9% during the third quarter. Glenview Trust co now owns 1,085,301 shares of the company’s stock worth $29,477,000 after buying an additional 88,835 shares in the last quarter. Finally, Trust Co of Kansas lifted its position in T. Rowe Price Blue Chip Growth ETF by 28.3% during the fourth quarter. Trust Co of Kansas now owns 733,063 shares of the company’s stock worth $22,688,000 after buying an additional 161,820 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

T. Rowe Price Blue Chip Growth ETF stock traded down $0.03 during trading on Wednesday, reaching $33.92. 112,535 shares of the company were exchanged, compared to its average volume of 89,231. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $24.16 and a 52-week high of $35.82. The company has a market capitalization of $536.28 million, a P/E ratio of 36.31 and a beta of 1.27. The stock’s 50 day simple moving average is $34.74 and its two-hundred day simple moving average is $31.99.

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.