LPL Financial LLC Increases Holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

LPL Financial LLC raised its stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 34.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,922 shares of the company’s stock after buying an additional 5,129 shares during the quarter. LPL Financial LLC’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $839,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. John & Kathleen Schreiber Foundation acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth approximately $4,689,000. Glenview Trust co increased its stake in T. Rowe Price Blue Chip Growth ETF by 9.5% during the fourth quarter. Glenview Trust co now owns 1,560,592 shares of the company’s stock worth $65,717,000 after acquiring an additional 135,538 shares during the last quarter. Harbour Investments Inc. raised its position in T. Rowe Price Blue Chip Growth ETF by 2.9% in the fourth quarter. Harbour Investments Inc. now owns 36,177 shares of the company’s stock valued at $1,523,000 after purchasing an additional 1,006 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 23.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 571,803 shares of the company’s stock valued at $24,079,000 after purchasing an additional 107,199 shares during the last quarter. Finally, Hopwood Financial Services Inc. purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth $3,914,000.

T. Rowe Price Blue Chip Growth ETF Trading Down 2.8 %

Shares of NYSEARCA:TCHP opened at $35.07 on Tuesday. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 33.14 and a beta of 1.14. T. Rowe Price Blue Chip Growth ETF has a 12-month low of $32.67 and a 12-month high of $44.32. The business has a 50-day moving average price of $39.11 and a 200 day moving average price of $41.09.

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.