T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Short Interest Update

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 75,849 shares, an increase of 149.6% from the July 30th total of 30,391 shares. Based on an average daily trading volume, of 180,592 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On T. Rowe Price Blue Chip Growth ETF

Institutional investors have recently modified their holdings of the stock. Nvest Wealth Strategies Inc. grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 3.9% during the second quarter. Nvest Wealth Strategies Inc. now owns 5,877 shares of the company’s stock valued at $294,000 after purchasing an additional 221 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. raised its position in T. Rowe Price Blue Chip Growth ETF by 1.0% in the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 23,703 shares of the company’s stock worth $1,047,000 after purchasing an additional 240 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 7.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 3,806 shares of the company’s stock worth $188,000 after buying an additional 265 shares in the last quarter. Thayer Partners LLC MA boosted its position in T. Rowe Price Blue Chip Growth ETF by 0.5% in the 1st quarter. Thayer Partners LLC MA now owns 57,477 shares of the company’s stock valued at $2,539,000 after buying an additional 281 shares during the last quarter. Finally, Bedel Financial Consulting Inc. boosted its position in T. Rowe Price Blue Chip Growth ETF by 0.9% in the 1st quarter. Bedel Financial Consulting Inc. now owns 32,466 shares of the company’s stock valued at $1,434,000 after buying an additional 297 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Trading Down 0.5%

NYSEARCA TCHP traded down $0.27 on Friday, hitting $50.74. 87,319 shares of the company were exchanged, compared to its average volume of 230,484. The firm has a 50 day moving average of $49.86 and a two-hundred day moving average of $48.89. The company has a market cap of $2.19 billion, a P/E ratio of 37.14 and a beta of 1.20. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $42.26 and a 1-year high of $53.26.

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. Rowe Price.