Pegasus Asset Management Inc. Invests $223,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

Pegasus Asset Management Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the second quarter, HoldingsChannel reports. The fund bought 7,638 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds have also modified their holdings of the stock. Brighton Jones LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after acquiring an additional 9,139 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 294.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after purchasing an additional 359,429 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2,404.4% in the first quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock valued at $43,000 after purchasing an additional 1,635 shares during the period. Dynamic Advisor Solutions LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at $9,020,000. Finally, Ritholtz Wealth Management grew its holdings in Schwab U.S. Large-Cap Growth ETF by 29.0% during the 1st quarter. Ritholtz Wealth Management now owns 21,322 shares of the company’s stock valued at $534,000 after purchasing an additional 4,787 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Price Performance

Shares of SCHG stock opened at $31.41 on Monday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $32.63. The firm has a market capitalization of $50.18 billion, a P/E ratio of 34.24 and a beta of 1.10. The company’s fifty day moving average price is $31.12 and its two-hundred day moving average price is $28.55.

About Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.