Linscomb Wealth Inc. Buys 20,354 Shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Linscomb Wealth Inc. lifted its stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 9.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 239,777 shares of the company’s stock after buying an additional 20,354 shares during the quarter. Linscomb Wealth Inc.’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $10,097,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Citizens National Bank Trust Department lifted its holdings in T. Rowe Price Blue Chip Growth ETF by 2.6% during the 4th quarter. Citizens National Bank Trust Department now owns 13,495 shares of the company’s stock valued at $568,000 after purchasing an additional 340 shares during the last quarter. Sittner & Nelson LLC raised its stake in shares of 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. Private Advisor Group LLC boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 3.9% in the 3rd quarter. Private Advisor Group LLC now owns 12,324 shares of the company’s stock worth $489,000 after acquiring an additional 460 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 6.7% in the 4th quarter. DAVENPORT & Co LLC now owns 13,320 shares of the company’s stock worth $561,000 after acquiring an additional 835 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in T. Rowe Price Blue Chip Growth ETF by 8.6% during the 3rd quarter. HighTower Advisors LLC now owns 11,669 shares of the company’s stock worth $463,000 after acquiring an additional 922 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of TCHP opened at $40.93 on Friday. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 37.43 and a beta of 1.13. The stock has a fifty day moving average price of $42.99 and a two-hundred day moving average price of $41.23. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $33.18 and a 52-week high of $44.32.

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.