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) shares reached a new 52-week high during trading on Thursday . The company traded as high as $39.12 and last traded at $39.00, with a volume of 24657 shares changing hands. The stock had previously closed at $39.00.

T. Rowe Price Blue Chip Growth ETF Stock Performance

The business has a 50-day simple moving average of $36.55 and a 200 day simple moving average of $34.39. The firm has a market cap of $612.16 million, a P/E ratio of 36.31 and a beta of 1.27.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. MJP Associates Inc. ADV purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at approximately $8,488,000. National Wealth Management Group LLC purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at approximately $6,978,000. Trust Co of Kansas lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 28.3% in the 4th quarter. Trust Co of Kansas now owns 733,063 shares of the company’s stock valued at $22,688,000 after purchasing an additional 161,820 shares during the period. Cetera Investment Advisers purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter valued at approximately $4,056,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 137.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 124,146 shares of the company’s stock valued at $4,382,000 after purchasing an additional 71,926 shares during the period.

About T. Rowe Price Blue Chip Growth ETF

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.