T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sees Large Volume Increase – Time to Buy?

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) saw strong trading volume on Tuesday. 756,705 shares traded hands during trading, an increase of 256% from the average daily volume of 212,642 shares. The stock last traded at $47.3860 and had previously closed at $47.83.

T. Rowe Price Blue Chip Growth ETF Price Performance

The business has a 50 day moving average price of $50.39 and a 200 day moving average price of $49.27. The stock has a market capitalization of $2.01 billion, a PE ratio of 37.14 and a beta of 1.21.

Institutional Trading of T. Rowe Price Blue Chip Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Nvest Wealth Strategies Inc. increased its holdings in T. Rowe Price Blue Chip Growth ETF by 3.9% in the 2nd quarter. Nvest Wealth Strategies Inc. now owns 5,877 shares of the company’s stock valued at $294,000 after acquiring an additional 221 shares during the last quarter. KFA Private Wealth Group LLC boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 5.9% during the 3rd quarter. KFA Private Wealth Group LLC now owns 4,551 shares of the company’s stock valued at $234,000 after purchasing an additional 253 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 7.5% during the second quarter. TD Waterhouse Canada Inc. now owns 3,806 shares of the company’s stock valued at $188,000 after purchasing an additional 265 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% in the first quarter. Thayer Partners LLC MA now owns 57,477 shares of the company’s stock worth $2,539,000 after purchasing an additional 281 shares during the last quarter. Finally, Bedel Financial Consulting Inc. lifted its position in shares of T. Rowe Price Blue Chip Growth ETF by 0.9% in the first quarter. Bedel Financial Consulting Inc. now owns 32,466 shares of the company’s stock worth $1,434,000 after buying an additional 297 shares in the last quarter.

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.