Linscomb Wealth Inc. Has $8.70 Million Stock Holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Linscomb Wealth Inc. increased its holdings in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 2.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 219,423 shares of the company’s stock after purchasing an additional 4,610 shares during the period. Linscomb Wealth Inc. owned approximately 1.39% of T. Rowe Price Blue Chip Growth ETF worth $8,698,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of TCHP. Stratos Wealth Advisors LLC raised its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 0.8% in the third quarter. Stratos Wealth Advisors LLC now owns 36,045 shares of the company’s stock valued at $1,429,000 after buying an additional 274 shares during the last quarter. First Foundation Advisors increased its stake in shares of T. Rowe Price Blue Chip Growth ETF by 0.3% in the 1st quarter. First Foundation Advisors now owns 100,862 shares of the company’s stock valued at $3,560,000 after buying an additional 284 shares during the period. Truist Financial Corp lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 0.4% during the second quarter. Truist Financial Corp now owns 94,237 shares of the company’s stock valued at $3,649,000 after acquiring an additional 397 shares during the period. Sittner & Nelson LLC boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 2.5% in the third quarter. Sittner & Nelson LLC now owns 16,710 shares of the company’s stock valued at $662,000 after acquiring an additional 400 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 3.9% during 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.

T. Rowe Price Blue Chip Growth ETF Stock Performance

TCHP traded down $0.82 during midday trading on Friday, reaching $41.24. 29,947 shares of the company were exchanged, compared to its average volume of 103,739. The stock’s 50-day simple moving average is $39.94 and its 200 day simple moving average is $38.37. The stock has a market capitalization of $652.00 million, a P/E ratio of 36.31 and a beta of 1.27. T. Rowe Price Blue Chip Growth ETF has a one year low of $29.40 and a one year high of $42.56.

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.