T. Rowe Price Blue Chip Growth ETF $TCHP Shares Sold by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lessened its stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 77.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,951 shares of the company’s stock after selling 27,600 shares during the quarter. Silver Oak Securities Incorporated’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $389,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Comerica Bank purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter valued at $38,000. TD Waterhouse Canada Inc. lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 192.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 4,561 shares of the company’s stock worth $202,000 after buying an additional 3,000 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF in the 2nd quarter valued at about $219,000. Manchester Financial Inc. acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the third quarter valued at about $247,000. Finally, Cornerstone Advisory LLC acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the second quarter valued at about $239,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

NYSEARCA:TCHP opened at $49.58 on Monday. T. Rowe Price Blue Chip Growth ETF has a one year low of $32.67 and a one year high of $51.77. The business’s 50-day simple moving average is $49.67 and its 200 day simple moving average is $48.05. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 37.14 and a beta of 1.15.

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.