Schwab U.S. Large-Cap Growth ETF $SCHG is Portus Wealth Advisors LLC’s 2nd Largest Position

Portus Wealth Advisors LLC trimmed its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 365,214 shares of the company’s stock after selling 31,861 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 10.0% of Portus Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. Portus Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $10,639,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after acquiring an additional 9,139 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of 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 period. AQR Capital Management LLC increased its position in shares of 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 position in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock valued at $13,040,000 after purchasing an additional 385,822 shares during the last quarter. Finally, First Trust Advisors LP purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at about $248,000.

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

Shares of NYSEARCA:SCHG opened at $32.84 on Monday. The firm’s 50 day moving average price is $33.71 and its 200-day moving average price is $32.16. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.96 and a twelve month high of $35.42. The stock has a market capitalization of $55.51 billion, a PE ratio of 34.24 and a beta of 1.19.

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.