Essex Financial Services Inc. Acquires New Shares in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Essex Financial Services Inc. acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,955 shares of the company’s stock, valued at approximately $293,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 3rd quarter valued at approximately $70,000. Cascade Investment Advisors Inc. acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter valued at approximately $212,000. Prospera Financial Services Inc acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 3rd quarter valued at approximately $213,000. Wealthcare Advisory Partners LLC acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth $243,000. Finally, Equita Financial Network Inc. acquired a new position in T. Rowe Price Blue Chip Growth ETF during the 3rd quarter worth $257,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of TCHP stock opened at $43.93 on Friday. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $33.15 and a 1 year high of $44.32. The stock has a fifty day moving average of $43.06 and a two-hundred day moving average of $40.78. The firm has a market capitalization of $694.53 million, a PE ratio of 36.31 and a beta of 1.27.

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.