T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sets New 12-Month High at $40.18

Shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $40.18 and last traded at $40.08, with a volume of 14936 shares changing hands. The stock had previously closed at $39.88.

T. Rowe Price Blue Chip Growth ETF Price Performance

The stock has a 50-day simple moving average of $37.44 and a 200-day simple moving average of $34.92. The stock has a market cap of $639.20 million, a PE ratio of 36.31 and a beta of 1.27.

Institutional Investors Weigh In On T. Rowe Price Blue Chip Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of TCHP. MJP Associates Inc. ADV purchased a new position in T. Rowe Price Blue Chip Growth ETF in the fourth quarter valued at about $8,488,000. Kowal Investment Group LLC boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 3.8% in the fourth quarter. Kowal Investment Group LLC now owns 70,843 shares of the company’s stock valued at $2,193,000 after purchasing an additional 2,587 shares during the last quarter. Matrix Asset Advisors Inc. NY boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 4.1% in the fourth quarter. Matrix Asset Advisors Inc. NY now owns 47,907 shares of the company’s stock valued at $1,483,000 after purchasing an additional 1,902 shares during the last quarter. Stratos Wealth Advisors LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF in the fourth quarter valued at about $868,000. Finally, Souders Financial Advisors boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 1.0% in the fourth quarter. Souders Financial Advisors now owns 235,138 shares of the company’s stock valued at $7,278,000 after purchasing an additional 2,299 shares during the last quarter.

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.