Invst LLC Boosts Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Invst LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.5% during the fourth quarter, HoldingsChannel reports. The fund owned 1,032,830 shares of the company’s stock after acquiring an additional 53,786 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 3.7% of Invst LLC’s investment portfolio, making the stock its 3rd largest holding. Invst LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $33,691,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SCHG. Valpey Financial Services LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after acquiring an additional 7,752,527 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after acquiring an additional 3,071,625 shares during the last quarter. BlueStem Wealth Partners LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $92,090,000. Koshinski Asset Management Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $68,706,000. Finally, Lido Advisors LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 376.8% in the third quarter. Lido Advisors LLC now owns 2,476,025 shares of the company’s stock worth $79,010,000 after purchasing an additional 1,956,695 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 3.0%

NYSEARCA SCHG opened at $33.75 on Friday. The company’s 50-day moving average price is $32.63 and its 200-day moving average price is $32.05. The stock has a market cap of $57.05 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.68 and a 12 month high of $35.42.

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.