REDW Wealth LLC Has $2.27 Million Stock Position in T. Rowe Price Blue Chip Growth ETF $TCHP

REDW Wealth LLC increased its stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 35.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,532 shares of the company’s stock after acquiring an additional 11,863 shares during the period. T. Rowe Price Blue Chip Growth ETF comprises approximately 0.9% of REDW Wealth LLC’s investment portfolio, making the stock its 28th largest holding. REDW Wealth LLC’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $2,270,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Nvest Wealth Strategies Inc. acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth approximately $264,000. Novem Group acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at approximately $851,000. Roman Butler Fullerton & Co. acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at approximately $305,000. Capital Investment Advisory Services LLC grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 97.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 9,034 shares of the company’s stock valued at $450,000 after buying an additional 4,469 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 3.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 76,836 shares of the company’s stock valued at $3,831,000 after buying an additional 2,231 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of TCHP stock opened at $49.47 on Friday. The company has a fifty day moving average price of $46.33 and a two-hundred day moving average price of $48.29. T. Rowe Price Blue Chip Growth ETF has a one year low of $37.14 and a one year high of $51.77. The stock has a market cap of $2.05 billion, a P/E ratio of 37.14 and a beta of 1.20.

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.