Cetera Investment Advisers Boosts Stock Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Cetera Investment Advisers boosted its stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 9.8% in the first quarter, Holdings Channel reports. The institutional investor owned 3,921,510 shares of the company’s stock after purchasing an additional 350,571 shares during the period. Cetera Investment Advisers owned 0.09% of T. Rowe Price Blue Chip Growth ETF worth $173,252,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TCHP. Fortis Capital Management LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF in the first quarter worth $235,000. PNC Financial Services Group Inc. purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the first quarter worth $104,521,000. Glenview Trust Co increased its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 5.9% during the first quarter. Glenview Trust Co now owns 2,061,290 shares of the company’s stock valued at $91,068,000 after acquiring an additional 114,354 shares in the last quarter. Thayer Partners LLC MA increased its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 0.5% during the first quarter. Thayer Partners LLC MA now owns 57,477 shares of the company’s stock valued at $2,539,000 after acquiring an additional 281 shares in the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 6.8% in the 1st quarter. D.A. Davidson & CO. now owns 263,665 shares of the company’s stock worth $11,649,000 after purchasing an additional 16,903 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

TCHP opened at $49.44 on Thursday. The firm has a market cap of $2.14 billion, a PE ratio of 37.14 and a beta of 1.20. The stock has a 50-day moving average price of $50.47 and a 200-day moving average price of $48.72. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $42.26 and a 1 year high of $53.26.

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.