Stratos Wealth Advisors LLC Reduces Holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Stratos Wealth Advisors LLC lowered its stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 2.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,257 shares of the company’s stock after selling 788 shares during the quarter. Stratos Wealth Advisors LLC owned approximately 0.22% of T. Rowe Price Blue Chip Growth ETF worth $1,485,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Signaturefd LLC acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF in the third quarter worth $70,000. Cascade Investment Advisors Inc. acquired a new position in T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at about $212,000. Prospera Financial Services Inc acquired a new position in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at about $213,000. Wealthcare Advisory Partners LLC purchased a new position in T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at about $243,000. Finally, BankPlus Wealth Management LLC acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth about $266,000.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of NYSEARCA TCHP opened at $43.70 on Friday. The company has a market cap of $690.90 million, a PE ratio of 36.31 and a beta of 1.27. The company has a 50-day simple moving average of $42.99 and a 200-day simple moving average of $40.58. T. Rowe Price Blue Chip Growth ETF has a 12 month low of $33.15 and a 12 month high of $44.32.

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.