HBW Advisory Services LLC Has $6.93 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

HBW Advisory Services LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 44.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 217,257 shares of the company’s stock after purchasing an additional 66,988 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 0.8% of HBW Advisory Services LLC’s portfolio, making the stock its 25th biggest position. HBW Advisory Services LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $6,933,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after acquiring an additional 6,979,991 shares in the last quarter. Sei Investments Co. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after purchasing an additional 4,524,057 shares during the period. Mather Group LLC. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 4.5% during the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after purchasing an additional 1,836,380 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 653.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after purchasing an additional 28,455,790 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% in the 2nd quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after purchasing an additional 1,175,660 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.1%

Shares of SCHG opened at $33.09 on Friday. The stock has a market cap of $53.77 billion, a PE ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The stock has a 50 day simple moving average of $32.64 and a 200-day simple moving average of $31.14.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.