Smith Moore & CO. Grows Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Smith Moore & CO. boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 24.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 221,386 shares of the company’s stock after buying an additional 42,967 shares during the quarter. Smith Moore & CO.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $6,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in SCHG. Charles Schwab Investment Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 653.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after purchasing an additional 28,455,790 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% during the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after buying an additional 6,979,991 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter worth about $142,573,000. HighTower Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% in the 1st quarter. HighTower Advisors LLC now owns 7,614,284 shares of the company’s stock valued at $190,662,000 after acquiring an additional 3,155,669 shares during the last quarter. Finally, Mather Group LLC. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 4.5% during the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock valued at $1,235,203,000 after acquiring an additional 1,836,380 shares during the period.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $32.80 on Monday. The business’s 50 day simple moving average is $32.33 and its two-hundred day simple moving average is $30.47. The stock has a market capitalization of $53.30 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $33.74.

Schwab U.S. Large-Cap Growth ETF Company 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.