T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sets New 52-Week High – Here’s What Happened

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)’s share price hit a new 52-week high on Wednesday . The company traded as high as $41.19 and last traded at $41.14, with a volume of 13462 shares changing hands. The stock had previously closed at $40.43.

T. Rowe Price Blue Chip Growth ETF Price Performance

The stock has a market cap of $654.22 million, a PE ratio of 36.31 and a beta of 1.27. The stock has a 50-day simple moving average of $39.38 and a 200-day simple moving average of $38.04.

Institutional Trading of T. Rowe Price Blue Chip Growth ETF

Institutional investors have recently modified their holdings of the company. Trust Co of Kansas boosted its position in T. Rowe Price Blue Chip Growth ETF by 0.9% during the 3rd quarter. Trust Co of Kansas now owns 688,067 shares of the company’s stock worth $27,275,000 after purchasing an additional 6,151 shares during the period. Harbor Group Inc. lifted its position in shares of T. Rowe Price Blue Chip Growth ETF by 0.7% during the second quarter. Harbor Group Inc. now owns 377,709 shares of the company’s stock worth $14,625,000 after purchasing an additional 2,696 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 154.3% in the second quarter. Commonwealth Equity Services LLC now owns 315,758 shares of the company’s stock valued at $12,226,000 after purchasing an additional 191,612 shares during the period. Armstrong Fleming & Moore Inc grew its holdings in T. Rowe Price Blue Chip Growth ETF by 9.6% during the 3rd quarter. Armstrong Fleming & Moore Inc now owns 306,090 shares of the company’s stock valued at $12,133,000 after purchasing an additional 26,872 shares in the last quarter. Finally, Souders Financial Advisors increased its stake in T. Rowe Price Blue Chip Growth ETF by 2.6% during the 2nd quarter. Souders Financial Advisors now owns 223,872 shares of the company’s stock worth $8,668,000 after buying an additional 5,690 shares during the period.

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.