Cwm LLC Sells 48,761 Shares of T. Rowe Price Blue Chip Growth ETF $TCHP

Cwm LLC lessened its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 49.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,658 shares of the company’s stock after selling 48,761 shares during the period. Cwm LLC owned about 0.13% of T. Rowe Price Blue Chip Growth ETF worth $2,476,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Comerica Bank bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at approximately $38,000. Glass Jacobson Investment Advisors llc lifted its stake in T. Rowe Price Blue Chip Growth ETF by 92.4% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,351 shares of the company’s stock valued at $115,000 after acquiring an additional 1,129 shares in the last quarter. Evolution Wealth Management Inc. bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at approximately $172,000. Optiver Holding B.V. bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at approximately $175,000. Finally, Marino Stram & Associates LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at approximately $206,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

NYSEARCA TCHP opened at $50.28 on Friday. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 37.14 and a beta of 1.20. The stock’s 50 day moving average price is $46.41 and its two-hundred day moving average price is $48.30. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $37.72 and a 52 week high of $51.77.

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.