Sound Income Strategies LLC Increases Stock Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Sound Income Strategies LLC raised its stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 23.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 229,604 shares of the company’s stock after acquiring an additional 43,036 shares during the period. Sound Income Strategies LLC owned approximately 0.55% of T. Rowe Price Blue Chip Growth ETF worth $10,213,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mitchell Mcleod Pugh & Williams Inc. lifted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 1.0% in the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 23,703 shares of the company’s stock worth $1,047,000 after acquiring an additional 240 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in T. Rowe Price Blue Chip Growth ETF by 4.4% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 7,808 shares of the company’s stock valued at $382,000 after purchasing an additional 332 shares during the last quarter. Swisher Financial Concepts Inc. raised its position in T. Rowe Price Blue Chip Growth ETF by 2.0% in the fourth quarter. Swisher Financial Concepts Inc. now owns 17,083 shares of the company’s stock valued at $852,000 after purchasing an additional 338 shares during the period. Cascade Investment Advisors Inc. raised its position in T. Rowe Price Blue Chip Growth ETF by 5.3% in the fourth quarter. Cascade Investment Advisors Inc. now owns 7,207 shares of the company’s stock valued at $359,000 after purchasing an additional 363 shares during the period. Finally, Sittner & Nelson LLC lifted its stake in T. Rowe Price Blue Chip Growth ETF by 1.7% during the fourth quarter. Sittner & Nelson LLC now owns 22,849 shares of the company’s stock worth $1,086,000 after purchasing an additional 375 shares in the last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Down 1.7%

NYSEARCA:TCHP opened at $49.29 on Friday. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $42.26 and a 52 week high of $53.26. The stock’s fifty day moving average is $50.71 and its two-hundred day moving average is $48.73. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 37.14 and a beta of 1.20.

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. Rowe Price.