Envestnet Portfolio Solutions Inc. Has $46.84 Million Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Envestnet Portfolio Solutions Inc. lessened its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 10.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,603,479 shares of the company’s stock after selling 192,641 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $46,838,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 13.6% in the first quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after buying an additional 5,775,232 shares during the period. Mather Group LLC. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% in the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after buying an additional 1,836,380 shares during the period. LPL Financial LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 11.6% during the first quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock valued at $616,163,000 after purchasing an additional 2,554,009 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 7.7% during the first quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock valued at $387,608,000 after purchasing an additional 1,106,110 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 2.3% during the first quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock valued at $371,147,000 after purchasing an additional 332,496 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 3.4%

SCHG opened at $31.41 on Monday. The stock has a market cap of $50.18 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $32.63. The stock has a fifty day moving average price of $31.12 and a 200 day moving average price of $28.55.

Schwab U.S. Large-Cap Growth ETF Profile

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.