Armstrong Fleming & Moore Inc Purchases 37,650 Shares of T. Rowe Price Blue Chip Growth ETF $TCHP

Armstrong Fleming & Moore Inc boosted its position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 8.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 475,526 shares of the company’s stock after acquiring an additional 37,650 shares during the period. T. Rowe Price Blue Chip Growth ETF comprises approximately 11.1% of Armstrong Fleming & Moore Inc’s holdings, making the stock its biggest holding. Armstrong Fleming & Moore Inc owned 1.45% of T. Rowe Price Blue Chip Growth ETF worth $23,244,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Russell Investments Group Ltd. purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter valued at $67,000. Comerica Bank purchased a new position in T. Rowe Price Blue Chip Growth ETF during the first quarter worth about $38,000. Royal Bank of Canada boosted its stake in T. Rowe Price Blue Chip Growth ETF by 7.4% in the 1st quarter. Royal Bank of Canada now owns 65,275 shares of the company’s stock worth $2,487,000 after buying an additional 4,524 shares during the last quarter. NewEdge Advisors LLC grew its holdings in T. Rowe Price Blue Chip Growth ETF by 41.4% in the 1st quarter. NewEdge Advisors LLC now owns 50,348 shares of the company’s stock valued at $1,918,000 after buying an additional 14,734 shares during the period. Finally, National Wealth Management Group LLC grew its holdings in T. Rowe Price Blue Chip Growth ETF by 5.8% in the 1st quarter. National Wealth Management Group LLC now owns 226,539 shares of the company’s stock valued at $8,629,000 after buying an additional 12,350 shares during the period.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of TCHP stock opened at $50.21 on Wednesday. The firm has a market cap of $1.65 billion, a P/E ratio of 37.14 and a beta of 1.15. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $32.67 and a 1-year high of $51.77. The firm’s 50-day simple moving average is $49.63 and its 200-day simple moving average is $47.91.

T. Rowe Price Blue Chip Growth ETF 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.