Arete Wealth Advisors LLC Acquires New Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Arete Wealth Advisors LLC bought a new position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 57,906 shares of the company’s stock, valued at approximately $2,551,000. Arete Wealth Advisors LLC owned about 0.14% of T. Rowe Price Blue Chip Growth ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mitchell Mcleod Pugh & Williams Inc. raised its stake in shares of T. Rowe Price Blue Chip Growth ETF by 1.0% during the first 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 in the last quarter. Thayer Partners LLC MA lifted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 0.5% in the 1st quarter. Thayer Partners LLC MA now owns 57,477 shares of the company’s stock worth $2,539,000 after acquiring an additional 281 shares during the last quarter. Bedel Financial Consulting Inc. boosted its stake in shares of T. Rowe Price Blue Chip Growth ETF by 0.9% in the 1st quarter. Bedel Financial Consulting Inc. now owns 32,466 shares of the company’s stock valued at $1,434,000 after purchasing an additional 297 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in shares of 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 in the last quarter. Finally, Swisher Financial Concepts Inc. grew its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 2.0% during the 4th 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 last quarter.

T. Rowe Price Blue Chip Growth ETF Stock Up 1.5%

Shares of NYSEARCA:TCHP opened at $48.83 on Friday. The stock has a market cap of $2.10 billion, a PE ratio of 37.14 and a beta of 1.20. The company’s fifty day moving average is $49.98 and its 200 day moving average is $48.63. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $42.26 and a 52 week high of $53.26.

T. Rowe Price Blue Chip Growth ETF Company 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.