WNY Asset Management LLC Makes New Investment in T. Rowe Price Blue Chip Growth ETF $TCHP

WNY Asset Management LLC purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 13,648 shares of the company’s stock, valued at approximately $603,000.

A number of other hedge funds have also recently modified their holdings of the business. Cherry Tree Wealth Management LLC purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth $25,000. Triumph Capital Management bought a new position in T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth $27,000. Arax Advisory Partners purchased a new position in T. Rowe Price Blue Chip Growth ETF during the fourth quarter valued at $30,000. Comerica Bank purchased a new position in T. Rowe Price Blue Chip Growth ETF during the first quarter valued at $38,000. Finally, Fifth Third Bancorp purchased a new position in T. Rowe Price Blue Chip Growth ETF during the first quarter valued at $44,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

NYSEARCA:TCHP opened at $48.83 on Friday. The stock has a 50-day simple moving average of $49.98 and a two-hundred day simple moving average of $48.63. The firm has a market capitalization of $2.10 billion, a PE ratio of 37.14 and a beta of 1.20. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $42.26 and a 52-week high of $53.26.

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.