Prosperity Wealth Management Inc. Has $15.50 Million Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Prosperity Wealth Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 17.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 619,012 shares of the company’s stock after acquiring an additional 93,007 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 7.3% of Prosperity Wealth Management Inc.’s portfolio, making the stock its 2nd biggest holding. Prosperity Wealth Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,500,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Capital Investment Advisors LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 0.9% in the first quarter. Capital Investment Advisors LLC now owns 49,761 shares of the company’s stock valued at $1,246,000 after purchasing an additional 424 shares in the last quarter. TrueWealth Advisors LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.0% in the first quarter. TrueWealth Advisors LLC now owns 43,872 shares of the company’s stock valued at $1,099,000 after purchasing an additional 455 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 17.5% in the first quarter. GPS Wealth Strategies Group LLC now owns 3,705 shares of the company’s stock valued at $93,000 after purchasing an additional 551 shares in the last quarter. Valley Wealth Managers Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after purchasing an additional 678 shares in the last quarter. Finally, HM Payson & Co. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. HM Payson & Co. now owns 944 shares of the company’s stock valued at $26,000 after purchasing an additional 708 shares in the last quarter.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $28.00 on Wednesday. The firm has a market cap of $42 billion, a P/E ratio of 32.34 and a beta of 1.16. The firm has a 50 day simple moving average of $26.39 and a 200 day simple moving average of $27.03. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $29.14.

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.