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

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) shares saw strong trading volume on Thursday . 131,187 shares changed hands during mid-day trading, an increase of 49% from the previous session’s volume of 87,776 shares.The stock last traded at $33.59 and had previously closed at $34.12.

T. Rowe Price Blue Chip Growth ETF Price Performance

The firm’s 50-day moving average price is $34.72 and its 200 day moving average price is $31.85. The firm has a market capitalization of $544.64 million, a price-to-earnings ratio of 36.94 and a beta of 1.24.

Institutional Trading of T. Rowe Price Blue Chip Growth ETF

A number of hedge funds have recently bought and sold shares of TCHP. MJP Associates Inc. ADV acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth approximately $8,488,000. Trust Co of Kansas boosted its position in T. Rowe Price Blue Chip Growth ETF by 28.3% during the fourth quarter. Trust Co of Kansas now owns 733,063 shares of the company’s stock worth $22,688,000 after acquiring an additional 161,820 shares during the last quarter. Glenview Trust co boosted its position in T. Rowe Price Blue Chip Growth ETF by 8.9% during the third quarter. Glenview Trust co now owns 1,085,301 shares of the company’s stock worth $29,477,000 after acquiring an additional 88,835 shares during the last quarter. Advisor OS LLC boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 54.5% in the 3rd quarter. Advisor OS LLC now owns 247,377 shares of the company’s stock valued at $6,719,000 after purchasing an additional 87,293 shares during the last quarter. Finally, Threadgill Financial LLC acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at $1,455,000.

About T. Rowe Price Blue Chip Growth ETF

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.