Towercrest Capital Management Buys 76,674 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Towercrest Capital Management increased its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 300.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,232 shares of the company’s stock after purchasing an additional 76,674 shares during the period. Towercrest Capital Management’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,849,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Carnegie Investment Counsel increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% during the 4th quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock valued at $448,000 after purchasing an additional 11,980 shares during the last quarter. HighMark Wealth Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.2% during the 4th quarter. HighMark Wealth Management LLC now owns 2,045 shares of the company’s stock worth $57,000 after purchasing an additional 1,534 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 758.6% during the 4th quarter. Jones Financial Companies Lllp now owns 301,293 shares of the company’s stock worth $8,397,000 after purchasing an additional 266,200 shares during the last quarter. Summit Wealth & Retirement Planning Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 292.7% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock worth $42,711,000 after purchasing an additional 1,142,247 shares during the last quarter. Finally, Burney Co. raised its stake in Schwab U.S. Large-Cap Growth ETF by 117.9% in the fourth quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after buying an additional 6,313 shares during the last quarter.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $25.68 on Monday. The stock has a 50-day moving average of $27.55 and a two-hundred day moving average of $27.22. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.68 and a one year high of $29.14. The stock has a market cap of $35.44 billion, a PE ratio of 31.74 and a beta of 1.13.

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.