Petra Financial Advisors Inc. Trims Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Petra Financial Advisors Inc. cut its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 59.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,894 shares of the company’s stock after selling 46,176 shares during the quarter. Petra Financial Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $929,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SCHG. Brighton Jones LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.3% during the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after purchasing an additional 9,139 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in 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 buying an additional 359,429 shares during the last quarter. AQR Capital Management LLC grew its holdings in 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 buying an additional 21,234 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 285.9% during the first quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after buying an additional 385,822 shares in the last quarter. Finally, First Trust Advisors LP purchased a new position in Schwab U.S. Large-Cap Growth ETF during the second quarter worth $248,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.4%

NYSEARCA SCHG opened at $34.27 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.42. The stock has a market cap of $59.97 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business has a fifty day moving average of $34.12 and a 200-day moving average of $32.35.

Schwab U.S. Large-Cap Growth ETF Company 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. 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.