L2 Asset Management LLC Purchases 111,552 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

L2 Asset Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 49.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 338,738 shares of the company’s stock after acquiring an additional 111,552 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 1.5% of L2 Asset Management LLC’s portfolio, making the stock its 14th biggest holding. L2 Asset Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,050,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Cynosure Group LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 5.0% in the fourth quarter. Cynosure Group LLC now owns 52,303 shares of the company’s stock valued at $1,706,000 after acquiring an additional 2,487 shares during the period. Stark Wealth Management LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $895,000. LFG Wealth Partners LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $262,000. Tenzing Financial LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $8,124,000. Finally, Vestwell Advisors LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 6.8% in the fourth quarter. Vestwell Advisors LLC now owns 1,247,892 shares of the company’s stock valued at $40,706,000 after acquiring an additional 79,342 shares during the period.

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

SCHG stock opened at $34.22 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.68 and a fifty-two week high of $35.42. The business’s 50-day moving average is $33.19 and its two-hundred day moving average is $32.12. The company has a market cap of $57.84 billion, a price-to-earnings 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.