T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sees Unusually-High Trading Volume

Posted by Matthew Steigler on Jul 13th, 2024

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP – Get Free Report) saw strong trading volume on Wednesday . 263,227 shares changed hands during mid-day trading, an increase of 167% from the previous session’s volume of 98,567 shares.The stock last traded at $40.28 and had previously closed at $39.99.

T. Rowe Price Blue Chip Growth ETF Trading Up 0.3 %

The firm has a 50-day moving average price of $37.55 and a 200 day moving average price of $34.96. The company has a market cap of $626.55 million, a price-to-earnings ratio of 36.31 and a beta of 1.27.

Institutional Trading of T. Rowe Price Blue Chip Growth ETF

Several large investors have recently made changes to their positions in TCHP. CWM LLC lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 187.8% in the second quarter. CWM LLC now owns 21,534 shares of the company’s stock valued at $834,000 after buying an additional 14,053 shares during the period. Cetera Investment Advisers acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at $4,056,000. National Wealth Management Group LLC bought a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 1st quarter worth about $6,978,000. Spirepoint Private Client LLC acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at about $353,000. Finally, First Foundation Advisors increased its stake in T. Rowe Price Blue Chip Growth ETF by 0.3% in the first quarter. First Foundation Advisors now owns 100,862 shares of the company’s stock valued at $3,560,000 after acquiring an additional 284 shares during the period.

About T. Rowe Price Blue Chip Growth ETF

(Get Free Report)

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.