Studio Investment Management LLC Makes New Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Studio Investment Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 6,885 shares of the company’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds have also bought and sold shares of SCHG. Envestnet Asset Management Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 13.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after buying an additional 5,775,232 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at approximately $142,573,000. HighTower Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% in the 1st quarter. HighTower Advisors LLC now owns 7,614,284 shares of the company’s stock valued at $190,662,000 after purchasing an additional 3,155,669 shares during the period. Golden Reserve Retirement LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at approximately $69,560,000. Finally, LPL Financial LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% in the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock valued at $616,163,000 after purchasing an additional 2,554,009 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.8%

SCHG opened at $32.07 on Thursday. The stock has a market cap of $50.97 billion, a PE ratio of 34.24 and a beta of 1.10. The business has a 50 day moving average of $31.40 and a 200-day moving average of $28.91. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $32.63.

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.