T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Sets New 12-Month High – Time to Buy?

Posted by Scott Moore on Oct 16th, 2024

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP – Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $42.00 and last traded at $42.00, with a volume of 160 shares traded. The stock had previously closed at $40.22.

T. Rowe Price Blue Chip Growth ETF Stock Performance

The firm has a market capitalization of $633.66 million, a P/E ratio of 36.31 and a beta of 1.27. The company has a 50-day moving average price of $38.64 and a 200-day moving average price of $37.45.

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

Several hedge funds have recently made changes to their positions in TCHP. Geneos Wealth Management Inc. grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 122.8% during the 1st 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. International Assets Investment Management LLC acquired a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the 2nd quarter valued at $61,000. Steph & Co. grew its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 13.7% during the first quarter. Steph & Co. now owns 4,265 shares of the company’s stock worth $151,000 after purchasing an additional 515 shares during the last quarter. Destination Wealth Management acquired a new stake in T. Rowe Price Blue Chip Growth ETF in the second quarter valued at $211,000. Finally, Maple Capital Management Inc. acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at approximately $260,000.

T. Rowe Price Blue Chip Growth ETF Company Profile

(Get Free Report)

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.