T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sets New 12-Month High – Here’s What Happened

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $48.11 and last traded at $47.80, with a volume of 83627 shares changing hands. The stock had previously closed at $47.92.

T. Rowe Price Blue Chip Growth ETF Price Performance

The firm has a market cap of $1.50 billion, a PE ratio of 37.14 and a beta of 1.14. The stock has a 50-day moving average price of $46.78 and a 200 day moving average price of $42.62.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter valued at $25,000. Comerica Bank purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter valued at about $38,000. Russell Investments Group Ltd. purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter valued at about $67,000. Centaurus Financial Inc. purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the fourth quarter valued at about $136,000. Finally, TD Waterhouse Canada Inc. grew its position in T. Rowe Price Blue Chip Growth ETF by 192.2% during the second quarter. TD Waterhouse Canada Inc. now owns 4,561 shares of the company’s stock valued at $202,000 after acquiring an additional 3,000 shares during the period.

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.