Kovack Advisors Inc. Lowers Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Kovack Advisors Inc. lessened its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 495,974 shares of the company’s stock after selling 16,124 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 0.8% of Kovack Advisors Inc.’s holdings, making the stock its 17th biggest position. Kovack Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $16,245,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% in the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after acquiring an additional 9,139 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 294.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock valued at $13,416,000 after purchasing an additional 359,429 shares during the last quarter. AQR Capital Management LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 19.6% during the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock valued at $3,246,000 after purchasing an additional 21,234 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after purchasing an additional 385,822 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth $248,000.

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

SCHG stock opened at $33.38 on Friday. The stock has a market capitalization of $56.42 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.68 and a 1-year high of $35.42. The business has a fifty day moving average price of $33.02 and a 200-day moving average price of $32.10.

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. 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.