Verum Partners LLC Lowers Stock Position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Verum Partners LLC reduced its stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 2.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,103 shares of the company’s stock after selling 436 shares during the period. Verum Partners LLC owned 0.11% of T. Rowe Price Blue Chip Growth ETF worth $604,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TCHP. Steph & Co. lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 13.7% in the 1st quarter. Steph & Co. now owns 4,265 shares of the company’s stock worth $151,000 after purchasing an additional 515 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 8.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 137,291 shares of the company’s stock worth $3,729,000 after purchasing an additional 10,561 shares in the last quarter. Trust Co of Kansas lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 28.3% in the 4th quarter. Trust Co of Kansas now owns 733,063 shares of the company’s stock worth $22,688,000 after purchasing an additional 161,820 shares in the last quarter. Armstrong Fleming & Moore Inc increased its stake in T. Rowe Price Blue Chip Growth ETF by 7.5% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 261,174 shares of the company’s stock worth $8,083,000 after acquiring an additional 18,315 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its stake in T. Rowe Price Blue Chip Growth ETF by 8.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 113,870 shares of the company’s stock worth $3,524,000 after acquiring an additional 9,252 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Performance

NYSEARCA:TCHP traded up $0.31 during trading hours on Tuesday, reaching $39.28. The stock had a trading volume of 62,670 shares, compared to its average volume of 96,452. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $26.15 and a 52 week high of $39.35. The company has a 50 day moving average price of $36.66 and a two-hundred day moving average price of $34.51. The stock has a market capitalization of $621.02 million, a PE ratio of 36.31 and a beta of 1.27.

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.