T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Hits New 1-Year High at $40.18

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $40.18 and last traded at $40.08, with a volume of 14936 shares. The stock had previously closed at $39.88.

T. Rowe Price Blue Chip Growth ETF Price Performance

The business has a fifty day moving average of $37.19 and a 200-day moving average of $34.82. The stock has a market capitalization of $631.14 million, a price-to-earnings ratio of 36.31 and a beta of 1.27.

Hedge Funds Weigh In On T. Rowe Price Blue Chip Growth ETF

Institutional investors have recently bought and sold shares of the stock. MJP Associates Inc. ADV purchased a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter valued at about $8,488,000. National Wealth Management Group LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at about $6,978,000. Trust Co of Kansas grew its stake in T. Rowe Price Blue Chip Growth ETF by 28.3% during the 4th quarter. Trust Co of Kansas now owns 733,063 shares of the company’s stock valued at $22,688,000 after acquiring an additional 161,820 shares in the last quarter. Cetera Investment Advisers purchased a new position in T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at about $4,056,000. Finally, Commonwealth Equity Services LLC grew its stake in T. Rowe Price Blue Chip Growth ETF by 137.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 124,146 shares of the company’s stock valued at $4,382,000 after acquiring an additional 71,926 shares in the last quarter.

About T. Rowe Price Blue Chip Growth ETF

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.