CMH Wealth Management LLC Purchases 11,164 Shares of T. Rowe Price Blue Chip Growth ETF $TCHP

CMH Wealth Management LLC increased its position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 7.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,576 shares of the company’s stock after purchasing an additional 11,164 shares during the period. T. Rowe Price Blue Chip Growth ETF makes up 1.2% of CMH Wealth Management LLC’s investment portfolio, making the stock its 27th largest holding. CMH Wealth Management LLC owned about 0.37% of T. Rowe Price Blue Chip Growth ETF worth $7,893,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TCHP. Cherry Tree Wealth Management LLC bought a new position in T. Rowe Price Blue Chip Growth ETF in the 4th quarter valued at about $25,000. Triumph Capital Management purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the fourth quarter worth approximately $27,000. Arax Advisory Partners purchased a new position in shares of T. Rowe Price Blue Chip Growth ETF during the fourth quarter valued at approximately $30,000. Bank of Montreal Can bought a new stake in T. Rowe Price Blue Chip Growth ETF during the fourth quarter worth $46,000. Finally, Fifth Third Bancorp bought a new stake in T. Rowe Price Blue Chip Growth ETF during the first quarter worth $44,000.

T. Rowe Price Blue Chip Growth ETF Trading Down 0.5%

Shares of NYSEARCA:TCHP opened at $50.48 on Tuesday. The stock has a market cap of $2.17 billion, a PE ratio of 37.14 and a beta of 1.20. The stock’s fifty day simple moving average is $49.87 and its two-hundred day simple moving average is $48.92. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $42.26 and a 1-year high of $53.26.

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. Rowe Price.