BankPlus Wealth Management LLC Makes New $266,000 Investment in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP)

BankPlus Wealth Management LLC purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,315 shares of the company’s stock, valued at approximately $266,000.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC bought a new position in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter valued at approximately $70,000. Prospera Financial Services Inc bought a new position in shares of T. Rowe Price Blue Chip Growth ETF during the third quarter valued at $213,000. Wealthcare Advisory Partners LLC bought a new position in shares of T. Rowe Price Blue Chip Growth ETF during the fourth quarter valued at $243,000. Equita Financial Network Inc. purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF during the third quarter valued at $257,000. Finally, Diversify Wealth Management LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF in the 3rd quarter worth about $361,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

TCHP opened at $42.82 on Tuesday. The company’s 50-day simple moving average is $42.73 and its two-hundred day simple moving average is $40.35. The stock has a market capitalization of $676.98 million, a P/E ratio of 36.31 and a beta of 1.27. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $32.03 and a 52-week high of $44.32.

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.