Kingsview Wealth Management LLC Invests $701,000 in T. Rowe Price Blue Chip Growth ETF $TCHP

Kingsview Wealth Management LLC bought a new position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the fourth quarter, Holdings Channel reports. The firm bought 14,067 shares of the company’s stock, valued at approximately $701,000.

Other institutional investors have also modified their holdings of the company. Armstrong Fleming & Moore Inc grew its holdings in shares of 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 purchasing an additional 31,162 shares during the period. Bradley Foster & Sargent Inc. CT purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 3rd quarter worth about $797,000. Sound Income Strategies LLC acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth approximately $9,218,000. Cambria Investment Management L.P. acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 3rd quarter worth approximately $539,000. Finally, Glenview Trust Co lifted its position in T. Rowe Price Blue Chip Growth ETF by 2.9% during the 3rd quarter. Glenview Trust Co now owns 1,810,246 shares of the company’s stock worth $88,485,000 after acquiring an additional 51,033 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Performance

T. Rowe Price Blue Chip Growth ETF stock opened at $52.53 on Wednesday. The stock’s 50 day moving average price is $48.77 and its 200 day moving average price is $48.60. The firm has a market capitalization of $2.19 billion, a PE ratio of 37.14 and a beta of 1.19. T. Rowe Price Blue Chip Growth ETF has a one year low of $42.26 and a one year 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.