T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sees Strong Trading Volume – What’s Next?

Shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) saw unusually-strong trading volume on Wednesday . Approximately 313,842 shares traded hands during mid-day trading, an increase of 199% from the previous session’s volume of 105,058 shares.The stock last traded at $41.38 and had previously closed at $41.72.

T. Rowe Price Blue Chip Growth ETF Stock Down 0.2 %

The company has a market capitalization of $657.38 million, a price-to-earnings ratio of 36.31 and a beta of 1.27. The stock has a 50 day moving average of $40.33 and a 200 day moving average of $38.62.

Hedge Funds Weigh In On T. Rowe Price Blue Chip Growth ETF

A number of large investors have recently modified their holdings of the company. Trust Co of Kansas grew its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 0.9% during the 3rd quarter. Trust Co of Kansas now owns 688,067 shares of the company’s stock worth $27,275,000 after acquiring an additional 6,151 shares during the period. Harbor Group Inc. increased its stake in T. Rowe Price Blue Chip Growth ETF by 0.7% in the 2nd quarter. Harbor Group Inc. now owns 377,709 shares of the company’s stock worth $14,625,000 after acquiring an additional 2,696 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 154.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 315,758 shares of the company’s stock worth $12,226,000 after purchasing an additional 191,612 shares during the period. Armstrong Fleming & Moore Inc boosted its holdings in T. Rowe Price Blue Chip Growth ETF by 9.6% during the 3rd quarter. Armstrong Fleming & Moore Inc now owns 306,090 shares of the company’s stock valued at $12,133,000 after acquiring an additional 26,872 shares during the period. Finally, Souders Financial Advisors grew its stake in T. Rowe Price Blue Chip Growth ETF by 2.6% in the second quarter. Souders Financial Advisors now owns 223,872 shares of the company’s stock worth $8,668,000 after purchasing an additional 5,690 shares in the last quarter.

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.