Linscomb Wealth Inc. Grows Position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Linscomb Wealth Inc. raised its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 4.8% during the 2nd quarter, Holdings Channel reports. The fund owned 214,813 shares of the company’s stock after purchasing an additional 9,866 shares during the period. Linscomb Wealth Inc.’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $8,318,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 122.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,036 shares of the company’s stock valued at $37,000 after acquiring an additional 571 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 2nd quarter valued at approximately $61,000. National Bank of Canada FI lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 244.0% in the 4th quarter. National Bank of Canada FI now owns 3,526 shares of the company’s stock valued at $106,000 after purchasing an additional 2,501 shares during the last quarter. Steph & Co. increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 13.7% during the 1st quarter. Steph & Co. now owns 4,265 shares of the company’s stock valued at $151,000 after purchasing an additional 515 shares during the last quarter. Finally, Destination Wealth Management purchased a new stake in T. Rowe Price Blue Chip Growth ETF during the 2nd quarter valued at $211,000.

T. Rowe Price Blue Chip Growth ETF Stock Up 1.0 %

Shares of TCHP opened at $37.36 on Wednesday. The business has a fifty day moving average of $38.08 and a 200 day moving average of $36.66. The company has a market cap of $590.66 million, a PE ratio of 36.31 and a beta of 1.27. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $26.15 and a 52-week high of $40.43.

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.