Advisor OS LLC Decreases Stock Holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Advisor OS LLC decreased its holdings in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 6.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,269 shares of the company’s stock after selling 18,141 shares during the period. T. Rowe Price Blue Chip Growth ETF comprises approximately 1.1% of Advisor OS LLC’s investment portfolio, making the stock its 23rd largest holding. Advisor OS LLC’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $9,884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 122.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,036 shares of the company’s stock valued at $37,000 after purchasing an additional 571 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 2nd quarter worth $61,000. National Bank of Canada FI increased 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 worth $106,000 after acquiring an additional 2,501 shares during the last quarter. Steph & Co. raised its holdings 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 worth $151,000 after acquiring an additional 515 shares during the period. Finally, Destination Wealth Management acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 2nd quarter valued at about $211,000.

T. Rowe Price Blue Chip Growth ETF Price Performance

Shares of NYSEARCA TCHP opened at $36.56 on Friday. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $26.15 and a 1 year high of $40.43. The company has a market capitalization of $578.01 million, a P/E ratio of 36.31 and a beta of 1.27. The company has a 50 day simple moving average of $38.16 and a 200-day simple moving average of $36.58.

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.