T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Reaches New 12-Month High at $39.12

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $39.12 and last traded at $39.00, with a volume of 24657 shares traded. The stock had previously closed at $39.00.

T. Rowe Price Blue Chip Growth ETF Price Performance

The company’s 50 day simple moving average is $36.55 and its 200 day simple moving average is $34.39. The firm has a market cap of $612.16 million, a price-to-earnings ratio of 36.31 and a beta of 1.27.

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

Several institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 122.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,036 shares of the company’s stock worth $37,000 after purchasing an additional 571 shares in the last quarter. National Bank of Canada FI grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 244.0% during the fourth quarter. National Bank of Canada FI now owns 3,526 shares of the company’s stock worth $106,000 after purchasing an additional 2,501 shares in the last quarter. Steph & Co. grew its stake in shares of T. Rowe Price Blue Chip Growth ETF by 11.9% during the fourth quarter. Steph & Co. now owns 3,750 shares of the company’s stock worth $116,000 after purchasing an additional 399 shares in the last quarter. Sapient Capital LLC acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF during the first quarter worth $202,000. Finally, Maple Capital Management Inc. purchased a new stake in T. Rowe Price Blue Chip Growth ETF in the first quarter valued at $260,000.

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.