Elevation Capital Advisory LLC Makes New $12.21 Million Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Elevation Capital Advisory LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the second quarter, Holdings Channel reports. The institutional investor acquired 417,929 shares of the company’s stock, valued at approximately $12,208,000. Schwab U.S. Large-Cap Growth ETF makes up approximately 4.9% of Elevation Capital Advisory LLC’s portfolio, making the stock its 4th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of 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 acquiring an additional 5,775,232 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth about $142,573,000. HighTower Advisors LLC lifted its holdings 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 worth $190,662,000 after acquiring an additional 3,155,669 shares during the last quarter. Golden Reserve Retirement LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth about $69,560,000. Finally, LPL Financial LLC lifted its holdings 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 worth $616,163,000 after acquiring an additional 2,554,009 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.6%

Schwab U.S. Large-Cap Growth ETF stock opened at $31.92 on Monday. The firm has a 50-day moving average price of $31.30 and a 200-day moving average price of $28.79. The firm has a market capitalization of $51.11 billion, a PE ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $32.63.

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.