IFP Advisors Inc Acquires Shares of 23,980 T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

IFP Advisors Inc bought a new position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the fourth quarter, Holdings Channel.com reports. The firm bought 23,980 shares of the company’s stock, valued at approximately $1,010,000.

Several other institutional investors have also recently made changes to their positions in the company. Citizens National Bank Trust Department boosted its position in shares of T. Rowe Price Blue Chip Growth ETF by 2.6% during the fourth quarter. Citizens National Bank Trust Department now owns 13,495 shares of the company’s stock valued at $568,000 after purchasing an additional 340 shares in the last quarter. Sittner & Nelson LLC boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 2.5% during the 3rd quarter. Sittner & Nelson LLC now owns 16,710 shares of the company’s stock valued at $662,000 after buying an additional 400 shares in the last quarter. Private Advisor Group LLC grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 3.9% in the 3rd quarter. Private Advisor Group LLC now owns 12,324 shares of the company’s stock worth $489,000 after buying an additional 460 shares during the period. DAVENPORT & Co LLC grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 6.7% in the 4th quarter. DAVENPORT & Co LLC now owns 13,320 shares of the company’s stock worth $561,000 after buying an additional 835 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of T. Rowe Price Blue Chip Growth ETF by 8.6% in the 3rd quarter. HighTower Advisors LLC now owns 11,669 shares of the company’s stock worth $463,000 after acquiring an additional 922 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

NYSEARCA:TCHP opened at $40.93 on Friday. The firm has a market capitalization of $1.03 billion, a P/E ratio of 37.43 and a beta of 1.13. T. Rowe Price Blue Chip Growth ETF has a one year low of $33.18 and a one year high of $44.32. The company’s 50-day simple moving average is $42.99 and its 200 day simple moving average is $41.23.

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.