MJP Associates Inc. ADV Reduces Holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

MJP Associates Inc. ADV lowered its position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 256,227 shares of the company’s stock after selling 1,207 shares during the period. T. Rowe Price Blue Chip Growth ETF makes up approximately 1.9% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 13th largest holding. MJP Associates Inc. ADV owned 1.62% of T. Rowe Price Blue Chip Growth ETF worth $10,790,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 34.7% during the 4th quarter. LPL Financial LLC now owns 19,922 shares of the company’s stock worth $839,000 after purchasing an additional 5,129 shares during the last quarter. Maple Capital Management Inc. lifted its stake in T. Rowe Price Blue Chip Growth ETF by 41.9% during the fourth quarter. Maple Capital Management Inc. now owns 35,932 shares of the company’s stock worth $1,513,000 after purchasing an additional 10,616 shares during the last quarter. Armstrong Fleming & Moore Inc lifted its stake in T. Rowe Price Blue Chip Growth ETF by 2.5% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 313,824 shares of the company’s stock worth $13,215,000 after purchasing an additional 7,734 shares during the last quarter. NBZ Investment Advisors LLC purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth approximately $2,721,000. Finally, Stifel Financial Corp increased its position in T. Rowe Price Blue Chip Growth ETF by 2.5% during the fourth quarter. Stifel Financial Corp now owns 91,464 shares of the company’s stock worth $3,852,000 after buying an additional 2,231 shares during the period.

T. Rowe Price Blue Chip Growth ETF Trading Down 0.4%

NYSEARCA:TCHP opened at $39.75 on Monday. The firm has a market cap of $1.20 billion, a P/E ratio of 29.82 and a beta of 1.14. The stock’s 50 day simple moving average is $38.08 and its 200-day simple moving average is $40.96. T. Rowe Price Blue Chip Growth ETF has a 12-month low of $32.67 and a 12-month high of $44.32.

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.