Spirepoint Private Client LLC Invests $353,000 in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

Spirepoint Private Client LLC bought a new position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 10,000 shares of the company’s stock, valued at approximately $353,000.

Several other institutional investors have also recently made changes to their positions in the company. First Foundation Advisors grew its position in T. Rowe Price Blue Chip Growth ETF by 0.3% during the 1st quarter. First Foundation Advisors now owns 100,862 shares of the company’s stock worth $3,560,000 after purchasing an additional 284 shares during the last quarter. Steph & Co. grew its position in T. Rowe Price Blue Chip Growth ETF by 11.9% during the 4th quarter. Steph & Co. now owns 3,750 shares of the company’s stock worth $116,000 after purchasing an additional 399 shares during the last quarter. Janney Montgomery Scott LLC grew its position in T. Rowe Price Blue Chip Growth ETF by 2.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 16,754 shares of the company’s stock worth $591,000 after purchasing an additional 465 shares during the last quarter. Geneos Wealth Management Inc. grew its position in 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 worth $37,000 after purchasing an additional 571 shares during the last quarter. Finally, Empire Life Investments Inc. grew its position in T. Rowe Price Blue Chip Growth ETF by 9.1% during the 4th quarter. Empire Life Investments Inc. now owns 21,520 shares of the company’s stock worth $666,000 after purchasing an additional 1,800 shares during the last quarter.

T. Rowe Price Blue Chip Growth ETF Price Performance

NYSEARCA:TCHP traded down $0.27 during trading hours on Friday, hitting $37.97. 40,083 shares of the company were exchanged, compared to its average volume of 101,530. The stock has a market capitalization of $600.31 million, a price-to-earnings ratio of 36.31 and a beta of 1.27. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $26.15 and a 52-week high of $40.43. The company’s 50 day moving average price is $37.98 and its 200-day moving average price is $35.32.

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.