Envestnet Asset Management Inc. Lowers Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Envestnet Asset Management Inc. decreased its stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 728,254 shares of the company’s stock after selling 65,603 shares during the period. Envestnet Asset Management Inc. owned 2.21% of T. Rowe Price Blue Chip Growth ETF worth $35,597,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TCHP. Armstrong Fleming & Moore Inc lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 8.6% in the 3rd quarter. Armstrong Fleming & Moore Inc now owns 475,526 shares of the company’s stock valued at $23,244,000 after purchasing an additional 37,650 shares in the last quarter. Croban raised its holdings in T. Rowe Price Blue Chip Growth ETF by 46.6% in the third quarter. Croban now owns 112,885 shares of the company’s stock valued at $5,518,000 after buying an additional 35,904 shares during the period. Harbor Group Inc. lifted its position in T. Rowe Price Blue Chip Growth ETF by 6.7% during the third quarter. Harbor Group Inc. now owns 472,590 shares of the company’s stock valued at $23,100,000 after buying an additional 29,678 shares in the last quarter. Matrix Asset Advisors Inc. NY lifted its position in T. Rowe Price Blue Chip Growth ETF by 18.0% during the third quarter. Matrix Asset Advisors Inc. NY now owns 76,275 shares of the company’s stock valued at $3,728,000 after buying an additional 11,634 shares in the last quarter. Finally, M Holdings Securities Inc. purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the second quarter worth approximately $464,000.

T. Rowe Price Blue Chip Growth ETF Trading Down 0.7%

Shares of TCHP stock opened at $47.48 on Thursday. The company has a market cap of $1.79 billion, a PE ratio of 37.14 and a beta of 1.15. The company’s fifty day simple moving average is $49.44 and its 200-day simple moving average is $48.77. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $32.67 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.