Ameritas Advisory Services LLC Reduces Stock Position in T. Rowe Price Blue Chip Growth ETF $TCHP

Ameritas Advisory Services LLC cut its holdings in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 77.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,405 shares of the company’s stock after selling 18,328 shares during the period. Ameritas Advisory Services LLC’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $264,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Armstrong Fleming & Moore Inc increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 8.6% during the 3rd quarter. Armstrong Fleming & Moore Inc now owns 475,526 shares of the company’s stock valued at $23,244,000 after purchasing an additional 37,650 shares during the last quarter. Croban boosted its stake in T. Rowe Price Blue Chip Growth ETF by 46.6% during the third quarter. Croban now owns 112,885 shares of the company’s stock worth $5,518,000 after buying an additional 35,904 shares during the period. Harbor Group Inc. boosted its stake in T. Rowe Price Blue Chip Growth ETF by 6.7% during the third quarter. Harbor Group Inc. now owns 472,590 shares of the company’s stock worth $23,100,000 after buying an additional 29,678 shares during the period. Matrix Asset Advisors Inc. NY increased its position in T. Rowe Price Blue Chip Growth ETF by 18.0% during the third quarter. Matrix Asset Advisors Inc. NY now owns 76,275 shares of the company’s stock valued at $3,728,000 after acquiring an additional 11,634 shares during the last quarter. Finally, M Holdings Securities Inc. purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the second quarter valued at $464,000.

T. Rowe Price Blue Chip Growth ETF Price Performance

T. Rowe Price Blue Chip Growth ETF stock opened at $46.23 on Tuesday. T. Rowe Price Blue Chip Growth ETF has a 1-year low of $32.67 and a 1-year high of $51.77. The company’s 50-day moving average is $49.21 and its 200 day moving average is $48.77. The firm has a market capitalization of $1.74 billion, a P/E ratio of 37.14 and a beta of 1.15.

About T. Rowe Price Blue Chip Growth ETF

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. Rowe Price.