Elevation Capital Advisory LLC Purchases 207,184 Shares of T. Rowe Price Blue Chip Growth ETF $TCHP

Elevation Capital Advisory LLC increased its stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 254.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 288,685 shares of the company’s stock after acquiring an additional 207,184 shares during the period. T. Rowe Price Blue Chip Growth ETF makes up approximately 5.2% of Elevation Capital Advisory LLC’s holdings, making the stock its 3rd largest holding. Elevation Capital Advisory LLC owned about 0.92% of T. Rowe Price Blue Chip Growth ETF worth $13,092,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 75.0% in the 1st quarter. Cetera Investment Advisers now owns 1,571,439 shares of the company’s stock valued at $59,856,000 after purchasing an additional 673,303 shares in the last quarter. Armstrong Fleming & Moore Inc bought a new stake in T. Rowe Price Blue Chip Growth ETF during the second quarter valued at $19,858,000. Northwestern Mutual Wealth Management Co. increased its stake in T. Rowe Price Blue Chip Growth ETF by 21.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,524,205 shares of the company’s stock valued at $58,057,000 after purchasing an additional 270,053 shares during the last quarter. Glenview Trust co increased its stake in T. Rowe Price Blue Chip Growth ETF by 7.7% during the first quarter. Glenview Trust co now owns 1,680,494 shares of the company’s stock valued at $64,010,000 after purchasing an additional 119,902 shares during the last quarter. Finally, Trust Co of Kansas increased its stake in T. Rowe Price Blue Chip Growth ETF by 12.2% during the second quarter. Trust Co of Kansas now owns 935,625 shares of the company’s stock valued at $42,431,000 after purchasing an additional 102,077 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

TCHP stock opened at $48.52 on Monday. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $32.67 and a 1-year high of $49.82. The firm has a fifty day moving average price of $48.09 and a two-hundred day moving average price of $44.33. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 37.14 and a beta of 1.14.

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.