T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Short Interest Up 28.2% in February

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 113,160 shares, a growth of 28.2% from the February 12th total of 88,258 shares. Based on an average daily volume of 163,414 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 163,414 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Cetera Investment Advisers grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 5.6% during the 4th quarter. Cetera Investment Advisers now owns 3,570,939 shares of the company’s stock valued at $178,047,000 after buying an additional 189,906 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 28.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,959,197 shares of the company’s stock worth $88,850,000 after acquiring an additional 434,992 shares during the last quarter. Glenview Trust Co lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 7.6% in the fourth quarter. Glenview Trust Co now owns 1,946,936 shares of the company’s stock worth $97,074,000 after acquiring an additional 136,690 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in T. Rowe Price Blue Chip Growth ETF by 16.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,760,001 shares of the company’s stock valued at $87,754,000 after acquiring an additional 250,000 shares during the period. Finally, Glenview Trust co boosted its stake in T. Rowe Price Blue Chip Growth ETF by 4.7% in the second quarter. Glenview Trust co now owns 1,759,213 shares of the company’s stock valued at $79,780,000 after acquiring an additional 78,719 shares during the period.

T. Rowe Price Blue Chip Growth ETF Trading Down 1.1%

T. Rowe Price Blue Chip Growth ETF stock traded down $0.50 during mid-day trading on Friday, reaching $45.30. The company’s stock had a trading volume of 104,831 shares, compared to its average volume of 208,784. T. Rowe Price Blue Chip Growth ETF has a twelve month low of $32.67 and a twelve month high of $51.77. The business has a 50 day moving average price of $47.98 and a 200-day moving average price of $48.72. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 37.14 and a beta of 1.15.

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. Rowe Price.