Benjamin Edwards Inc. Buys Shares of 107,355 T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Benjamin Edwards Inc. purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the third quarter, HoldingsChannel.com reports. The fund purchased 107,355 shares of the company’s stock, valued at approximately $4,256,000.

A number of other hedge funds also recently modified their holdings of TCHP. Commonwealth Equity Services LLC raised its holdings in T. Rowe Price Blue Chip Growth ETF by 154.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 315,758 shares of the company’s stock worth $12,226,000 after buying an additional 191,612 shares during the period. Cetera Investment Advisers bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at $4,056,000. Cambridge Investment Research Advisors Inc. boosted its stake in T. Rowe Price Blue Chip Growth ETF by 129.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 134,643 shares of the company’s stock worth $5,213,000 after purchasing an additional 75,865 shares during the period. Ted Buchan & Co bought a new position in T. Rowe Price Blue Chip Growth ETF during the 2nd quarter worth about $2,522,000. Finally, D.A. Davidson & CO. increased its holdings in T. Rowe Price Blue Chip Growth ETF by 95.2% during the 2nd quarter. D.A. Davidson & CO. now owns 117,062 shares of the company’s stock worth $4,533,000 after purchasing an additional 57,093 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of T. Rowe Price Blue Chip Growth ETF stock opened at $42.73 on Wednesday. The firm has a market cap of $675.56 million, a price-to-earnings ratio of 36.31 and a beta of 1.27. The stock’s 50-day moving average is $40.74 and its 200-day moving average is $38.97. T. Rowe Price Blue Chip Growth ETF has a one year low of $29.40 and a one year high of $42.78.

T. Rowe Price Blue Chip Growth ETF 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.