GPM Growth Investors Inc. Has $12.87 Million Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

GPM Growth Investors Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 302.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 461,909 shares of the company’s stock after buying an additional 347,158 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 5.4% of GPM Growth Investors Inc.’s investment portfolio, making the stock its 3rd largest position. GPM Growth Investors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $12,873,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. One Capital Management LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 302.2% during the 4th quarter. One Capital Management LLC now owns 2,116,636 shares of the company’s stock worth $58,991,000 after purchasing an additional 1,590,354 shares in the last quarter. Townsend Asset Management Corp NC ADV increased its position in Schwab U.S. Large-Cap Growth ETF by 296.4% in the 4th quarter. Townsend Asset Management Corp NC ADV now owns 140,017 shares of the company’s stock worth $3,902,000 after buying an additional 104,692 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $403,827,000. Promus Capital LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $251,000. Finally, Dana Investment Advisors Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 309.1% during the 4th quarter. Dana Investment Advisors Inc. now owns 132,255 shares of the company’s stock worth $3,686,000 after purchasing an additional 99,923 shares in the last quarter.

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

Shares of SCHG stock opened at $26.82 on Thursday. The stock’s fifty day simple moving average is $28.19 and its 200 day simple moving average is $27.19. The firm has a market cap of $37.01 billion, a price-to-earnings ratio of 36.44 and a beta of 1.11. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.68 and a one year high of $29.14.

Schwab U.S. Large-Cap Growth ETF 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.