Silver Oak Securities Incorporated Buys 27,737 Shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Silver Oak Securities Incorporated raised its stake in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 663.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,918 shares of the company’s stock after buying an additional 27,737 shares during the period. Silver Oak Securities Incorporated’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $1,357,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Robertson Stephens Wealth Management LLC raised its stake in shares of T. Rowe Price Blue Chip Growth ETF by 4.6% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 133,297 shares of the company’s stock valued at $5,613,000 after acquiring an additional 5,830 shares in the last quarter. DAVENPORT & Co LLC raised its position in T. Rowe Price Blue Chip Growth ETF by 6.7% during the 4th quarter. DAVENPORT & Co LLC now owns 13,320 shares of the company’s stock valued at $561,000 after purchasing an additional 835 shares in the last quarter. Matrix Asset Advisors Inc. NY raised its position in T. Rowe Price Blue Chip Growth ETF by 1.9% during the 4th quarter. Matrix Asset Advisors Inc. NY now owns 60,480 shares of the company’s stock valued at $2,547,000 after purchasing an additional 1,099 shares in the last quarter. Cascade Investment Advisors Inc. purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 4th quarter worth $212,000. Finally, BankPlus Wealth Management LLC bought a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 4th quarter worth $266,000.

T. Rowe Price Blue Chip Growth ETF Trading Up 0.8 %

Shares of T. Rowe Price Blue Chip Growth ETF stock opened at $43.70 on Friday. T. Rowe Price Blue Chip Growth ETF has a 12 month low of $33.15 and a 12 month high of $44.32. The stock’s fifty day moving average price is $42.99 and its 200-day moving average price is $40.58. The firm has a market cap of $690.90 million, a P/E ratio of 36.31 and a beta of 1.27.

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.