Linscomb Wealth Inc. Raises Holdings in T. Rowe Price Blue Chip Growth ETF $TCHP

Linscomb Wealth Inc. lifted its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 12.9% during the third quarter, Holdings Channel reports. The firm owned 281,655 shares of the company’s stock after acquiring an additional 32,269 shares during the quarter. T. Rowe Price Blue Chip Growth ETF makes up about 0.6% of Linscomb Wealth Inc.’s portfolio, making the stock its 29th largest holding. Linscomb Wealth Inc.’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $13,767,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in TCHP. Comerica Bank acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at about $38,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 92.4% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,351 shares of the company’s stock valued at $115,000 after acquiring an additional 1,129 shares during the period. Evolution Wealth Management Inc. purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF during the third quarter worth approximately $172,000. CFC Planning Co LLC purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF during the third quarter worth approximately $210,000. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 192.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,561 shares of the company’s stock valued at $202,000 after acquiring an additional 3,000 shares during the period.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of NYSEARCA:TCHP opened at $47.59 on Thursday. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $32.67 and a 1-year high of $51.77. The stock has a market cap of $1.79 billion, a P/E ratio of 37.14 and a beta of 1.15. The firm has a fifty day moving average price of $49.66 and a 200 day moving average price of $48.72.

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.