IFP Advisors Inc Makes New $1.01 Million Investment in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

IFP Advisors Inc acquired a new position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 23,980 shares of the company’s stock, valued at approximately $1,010,000. IFP Advisors Inc owned about 0.15% of T. Rowe Price Blue Chip Growth ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TCHP. Private Advisor Group LLC raised its position in T. Rowe Price Blue Chip Growth ETF by 3.9% in the 3rd quarter. Private Advisor Group LLC now owns 12,324 shares of the company’s stock valued at $489,000 after buying an additional 460 shares during the last quarter. Diversify Wealth Management LLC bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 3rd quarter worth $361,000. Goldstone Financial Group LLC bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 3rd quarter worth $1,226,000. Janney Montgomery Scott LLC raised its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 22.1% in the third quarter. Janney Montgomery Scott LLC now owns 28,924 shares of the company’s stock valued at $1,147,000 after purchasing an additional 5,230 shares during the last quarter. Finally, Empire Life Investments Inc. lifted its position in shares of T. Rowe Price Blue Chip Growth ETF by 12.9% during the third quarter. Empire Life Investments Inc. now owns 29,720 shares of the company’s stock valued at $1,179,000 after purchasing an additional 3,400 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of TCHP stock opened at $40.93 on Friday. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 37.43 and a beta of 1.13. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $33.18 and a 52-week high of $44.32. The company has a 50-day simple moving average of $42.99 and a two-hundred day simple moving average of $41.23.

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.