D.A. Davidson & CO. Reduces Stock Position in T. Rowe Price Blue Chip Growth ETF $TCHP

D.A. Davidson & CO. reduced its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 0.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 212,216 shares of the company’s stock after selling 1,572 shares during the period. D.A. Davidson & CO. owned 0.68% of T. Rowe Price Blue Chip Growth ETF worth $9,624,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TCHP. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 7.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 61,056 shares of the company’s stock worth $2,326,000 after purchasing an additional 4,305 shares during the period. Trust Co of Kansas boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 8.8% during the first quarter. Trust Co of Kansas now owns 833,548 shares of the company’s stock worth $31,750,000 after purchasing an additional 67,689 shares during the period. Saxony Capital Management LLC purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the first quarter worth about $221,000. Essex Financial Services Inc. lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 280.9% in the first quarter. Essex Financial Services Inc. now owns 26,494 shares of the company’s stock worth $1,009,000 after buying an additional 19,539 shares during the period. Finally, DAVENPORT & Co LLC lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 12.3% in the first quarter. DAVENPORT & Co LLC now owns 14,965 shares of the company’s stock worth $570,000 after buying an additional 1,645 shares during the period.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of TCHP opened at $48.76 on Thursday. T. Rowe Price Blue Chip Growth ETF has a one year low of $32.67 and a one year high of $49.82. The company has a 50-day simple moving average of $48.20 and a two-hundred day simple moving average of $44.50. The firm has a market capitalization of $1.60 billion, a PE ratio of 37.14 and a beta of 1.14.

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.