EverSource Wealth Advisors LLC Buys New Shares in T. Rowe Price Blue Chip Growth ETF $TCHP

EverSource Wealth Advisors LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 48,629 shares of the company’s stock, valued at approximately $2,425,000.

Other hedge funds have also made changes to their positions in the company. Armstrong Fleming & Moore Inc lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 6.6% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 506,688 shares of the company’s stock valued at $25,263,000 after buying an additional 31,162 shares during the period. Bradley Foster & Sargent Inc. CT bought a new position in T. Rowe Price Blue Chip Growth ETF during the third quarter worth about $797,000. Cambria Investment Management L.P. bought a new position in T. Rowe Price Blue Chip Growth ETF during the third quarter worth about $539,000. Glenview Trust Co lifted its stake in T. Rowe Price Blue Chip Growth ETF by 2.9% during the third quarter. Glenview Trust Co now owns 1,810,246 shares of the company’s stock worth $88,485,000 after purchasing an additional 51,033 shares during the period. Finally, Sound Income Strategies LLC bought a new position in T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth about $9,218,000.

T. Rowe Price Blue Chip Growth ETF Stock Up 0.2%

Shares of TCHP opened at $51.62 on Friday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 37.14 and a beta of 1.19. T. Rowe Price Blue Chip Growth ETF has a 12 month low of $41.30 and a 12 month high of $52.28. The company has a 50-day moving average price of $47.96 and a two-hundred day moving average price of $48.50.

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. Rowe Price.