T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Shares Purchased by Armstrong Fleming & Moore Inc

Armstrong Fleming & Moore Inc increased its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 2.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 313,824 shares of the company’s stock after buying an additional 7,734 shares during the quarter. T. Rowe Price Blue Chip Growth ETF accounts for about 8.0% of Armstrong Fleming & Moore Inc’s holdings, making the stock its 4th biggest position. Armstrong Fleming & Moore Inc’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $13,215,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in TCHP. Signaturefd LLC acquired a new position in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at about $70,000. MidAtlantic Capital Management Inc. acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF in the fourth quarter valued at approximately $73,000. Cascade Investment Advisors Inc. purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth approximately $212,000. Prospera Financial Services Inc acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the third quarter worth $213,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at $243,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of TCHP opened at $41.68 on Wednesday. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $33.18 and a 1 year high of $44.32. The stock has a market capitalization of $1.05 billion, a P/E ratio of 37.43 and a beta of 1.13. The company’s fifty day moving average is $43.02 and its two-hundred day moving average is $41.23.

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.