T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 0.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 802,896 shares of the company’s stock after acquiring an additional 1,179 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.81% of T. Rowe Price Blue Chip Growth ETF worth $30,582,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at approximately $25,000. Centaurus Financial Inc. bought a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter valued at $136,000. TD Waterhouse Canada Inc. boosted its stake in T. Rowe Price Blue Chip Growth ETF by 1,466.5% during the 4th quarter. TD Waterhouse Canada Inc. now owns 3,603 shares of the company’s stock valued at $150,000 after acquiring an additional 3,373 shares during the last quarter. Certior Financial Group LLC acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth $218,000. Finally, Cascade Investment Advisors Inc. increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 14.5% in the 1st quarter. Cascade Investment Advisors Inc. now owns 5,770 shares of the company’s stock worth $220,000 after purchasing an additional 730 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Performance

NYSEARCA:TCHP opened at $45.67 on Tuesday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 34.99 and a beta of 1.14. T. Rowe Price Blue Chip Growth ETF has a one year low of $32.67 and a one year high of $45.72. The stock has a 50-day simple moving average of $43.14 and a 200 day simple moving average of $41.38.

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.