LPL Financial LLC Boosts Holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

LPL Financial LLC raised its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 34.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,922 shares of the company’s stock after purchasing an additional 5,129 shares during the quarter. LPL Financial LLC owned 0.13% of T. Rowe Price Blue Chip Growth ETF worth $839,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. MidAtlantic Capital Management Inc. purchased a new position in T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth 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 valued at $212,000. Wealthcare Advisory Partners LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth about $243,000. BankPlus Wealth Management LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth about $266,000. Finally, PFG Advisors bought a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter valued at about $280,000.

T. Rowe Price Blue Chip Growth ETF Stock Down 2.8 %

Shares of TCHP stock opened at $35.07 on Tuesday. The company has a 50 day moving average price of $39.11 and a 200-day moving average price of $41.09. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $32.67 and a 52 week high of $44.32. The firm has a market capitalization of $1.00 billion, a PE ratio of 33.14 and a beta of 1.14.

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.