Souders Financial Advisors Cuts Position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Souders Financial Advisors lessened its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 4.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,440 shares of the company’s stock after selling 10,432 shares during the quarter. T. Rowe Price Blue Chip Growth ETF comprises 1.2% of Souders Financial Advisors’ portfolio, making the stock its 19th biggest holding. Souders Financial Advisors’ holdings in T. Rowe Price Blue Chip Growth ETF were worth $8,461,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TCHP. Private Advisor Group LLC lifted its stake 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 valued at $489,000 after purchasing an additional 460 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at approximately $4,056,000. Signaturefd LLC bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at approximately $70,000. 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. Finally, Janney Montgomery Scott LLC lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 16,754 shares of the company’s stock valued at $591,000 after purchasing an additional 465 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

NYSEARCA:TCHP opened at $42.34 on Wednesday. The firm has a market capitalization of $669.40 million, a price-to-earnings ratio of 36.31 and a beta of 1.27. T. Rowe Price Blue Chip Growth ETF has a 1 year low of $28.87 and a 1 year high of $42.42. The business has a 50 day simple moving average of $39.75 and a 200-day simple moving average of $38.32.

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.