T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Stake Lessened by First Foundation Advisors

First Foundation Advisors decreased its position in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 3.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 97,873 shares of the company’s stock after selling 2,989 shares during the quarter. First Foundation Advisors’ holdings in T. Rowe Price Blue Chip Growth ETF were worth $3,790,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TCHP. Geneos Wealth Management Inc. increased 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 valued at $37,000 after purchasing an additional 571 shares during the period. International Assets Investment Management LLC acquired a new position in T. Rowe Price Blue Chip Growth ETF during the second quarter worth about $61,000. National Bank of Canada FI grew its holdings in T. Rowe Price Blue Chip Growth ETF by 244.0% during the fourth quarter. National Bank of Canada FI now owns 3,526 shares of the company’s stock worth $106,000 after acquiring an additional 2,501 shares during the period. Steph & Co. raised its position in T. Rowe Price Blue Chip Growth ETF by 13.7% in the first quarter. Steph & Co. now owns 4,265 shares of the company’s stock worth $151,000 after acquiring an additional 515 shares in the last quarter. Finally, Destination Wealth Management acquired a new stake in T. Rowe Price Blue Chip Growth ETF in the 2nd quarter valued at about $211,000.

T. Rowe Price Blue Chip Growth ETF Trading Down 2.4 %

NYSEARCA:TCHP opened at $36.56 on Monday. The company has a 50-day moving average of $38.16 and a 200-day moving average of $36.62. The firm has a market cap of $578.01 million, a price-to-earnings ratio of 36.31 and a beta of 1.27. T. Rowe Price Blue Chip Growth ETF has a twelve month low of $26.15 and a twelve month high of $40.43.

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.