Envestnet Asset Management Inc. Trims Stock Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Envestnet Asset Management Inc. lessened its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 1.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 793,857 shares of the company’s stock after selling 9,039 shares during the period. Envestnet Asset Management Inc.’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $36,001,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at $25,000. Comerica Bank purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter worth $38,000. Russell Investments Group Ltd. bought a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter valued at $67,000. Apollon Wealth Management LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF during the second quarter worth about $219,000. Finally, Cornerstone Advisory LLC bought a new position in T. Rowe Price Blue Chip Growth ETF in the 2nd quarter worth about $239,000.

T. Rowe Price Blue Chip Growth ETF Stock Up 0.1%

NYSEARCA:TCHP opened at $50.30 on Friday. The stock has a market cap of $1.65 billion, a P/E ratio of 37.14 and a beta of 1.15. The business’s 50-day moving average price is $48.65 and its two-hundred day moving average price is $45.30. T. Rowe Price Blue Chip Growth ETF has a twelve month low of $32.67 and a twelve month high of $51.77.

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.