Prospera Financial Services Inc Makes New Investment in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Prospera Financial Services Inc bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,377 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Trust Co of Kansas boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 0.9% in the third quarter. Trust Co of Kansas now owns 688,067 shares of the company’s stock valued at $27,275,000 after acquiring an additional 6,151 shares in the last quarter. Harbor Group Inc. increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 0.7% during the second quarter. Harbor Group Inc. now owns 377,709 shares of the company’s stock valued at $14,625,000 after buying an additional 2,696 shares during the period. Commonwealth Equity Services LLC raised its stake in T. Rowe Price Blue Chip Growth ETF by 154.3% in the second quarter. Commonwealth Equity Services LLC now owns 315,758 shares of the company’s stock worth $12,226,000 after buying an additional 191,612 shares in the last quarter. Armstrong Fleming & Moore Inc lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 9.6% in the third quarter. Armstrong Fleming & Moore Inc now owns 306,090 shares of the company’s stock worth $12,133,000 after buying an additional 26,872 shares during the period. Finally, Souders Financial Advisors boosted its position in T. Rowe Price Blue Chip Growth ETF by 2.6% during the 2nd quarter. Souders Financial Advisors now owns 223,872 shares of the company’s stock valued at $8,668,000 after acquiring an additional 5,690 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of NYSEARCA:TCHP opened at $41.62 on Tuesday. The firm has a market capitalization of $657.98 million, a P/E ratio of 36.31 and a beta of 1.27. The stock has a 50 day moving average price of $40.45 and a 200-day moving average price of $38.75. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $29.40 and a 52-week high of $42.56.

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.