XY Planning Network Inc. Invests $556,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

XY Planning Network Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 16,427 shares of the company’s stock, valued at approximately $556,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Waverly Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 4.1% during the 2nd quarter. Waverly Advisors LLC now owns 3,660,774 shares of the company’s stock worth $123,881,000 after acquiring an additional 144,939 shares during the period. MLG Wealth Management DBA Pine Grove Financial Group increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 20.5% in the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 9,404 shares of the company’s stock valued at $318,000 after purchasing an additional 1,602 shares during the period. Kinetic Wealth Investment Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter valued at approximately $844,000. Range Advisory LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 69.5% in the second quarter. Range Advisory LLC now owns 19,558 shares of the company’s stock valued at $662,000 after purchasing an additional 8,017 shares during the period. Finally, Planning Project LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter worth approximately $740,000.

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

Shares of NYSEARCA SCHG opened at $35.01 on Thursday. The stock has a fifty day moving average price of $34.89 and a 200 day moving average price of $33.16. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.96 and a 1-year high of $36.11. The company has a market cap of $61.43 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.