Hershey Financial Advisers LLC Invests $3.47 Million in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Hershey Financial Advisers LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 124,342 shares of the company’s stock, valued at approximately $3,465,000. Schwab U.S. Large-Cap Growth ETF accounts for about 3.1% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 11th largest holding.

Other institutional investors have also modified their holdings of the company. Valley Wealth Managers Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after acquiring an additional 678 shares in the last quarter. HM Payson & Co. raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after acquiring an additional 708 shares in the last quarter. Versant Capital Management Inc raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after acquiring an additional 763 shares in the last quarter. Fairfield Financial Advisors LTD raised its stake in Schwab U.S. Large-Cap Growth ETF by 299.6% during the 4th quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock worth $28,000 after acquiring an additional 743 shares in the last quarter. Finally, Human Investing LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth $29,000.

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

Shares of NYSEARCA:SCHG opened at $25.68 on Monday. The company’s fifty day moving average price is $27.55 and its 200 day moving average price is $27.22. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.68 and a 12 month high of $29.14. The firm has a market capitalization of $35.44 billion, a P/E ratio of 31.74 and a beta of 1.13.

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.