Sequoia Financial Advisors LLC Trims Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Sequoia Financial Advisors LLC reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report) by 6.3% during the first quarter, Holdings Channel reports. The institutional investor owned 1,007,873 shares of the company’s stock after selling 67,262 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $29,359,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. OMC Financial Services LTD raised its stake in Schwab U.S. Large-Cap Growth ETF by 2.1% during the 1st quarter. OMC Financial Services LTD now owns 28,859 shares of the company’s stock worth $841,000 after acquiring an additional 588 shares during the period. KLCM Advisors Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 15.1% in the first quarter. KLCM Advisors Inc. now owns 46,592 shares of the company’s stock worth $1,357,000 after purchasing an additional 6,129 shares in the last quarter. Costello Asset Management INC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the first quarter. Costello Asset Management INC now owns 25,381 shares of the company’s stock worth $739,000 after purchasing an additional 777 shares in the last quarter. Equitable Trust Co. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at $203,000. Finally, Accredited Investors Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 18.3% during the first quarter. Accredited Investors Inc. now owns 53,928 shares of the company’s stock valued at $1,571,000 after acquiring an additional 8,335 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.3%

SCHG stock traded up $0.11 during midday trading on Friday, hitting $34.65. The company’s stock had a trading volume of 6,414,408 shares, compared to its average volume of 14,780,517. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.42. The company has a 50 day moving average of $34.02 and a two-hundred day moving average of $32.28. The firm has a market capitalization of $60.51 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

Schwab U.S. Large-Cap Growth ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

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