Core Wealth Advisors LLC Takes $20 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Core Wealth Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 613,001 shares of the company’s stock, valued at approximately $19,996,000. Schwab U.S. Large-Cap Growth ETF comprises approximately 12.2% of Core Wealth Advisors LLC’s holdings, making the stock its largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHG. Valpey Financial Services LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after acquiring an additional 7,752,527 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 12.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after acquiring an additional 6,651,144 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after purchasing an additional 3,071,625 shares during the last quarter. BlueStem Wealth Partners LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at about $92,090,000. Finally, Koshinski Asset Management Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $68,706,000.

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

Shares of SCHG opened at $35.12 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.18 and a 52 week high of $35.20. The stock has a 50 day moving average price of $32.11 and a two-hundred day moving average price of $31.98. The firm has a market capitalization of $59.36 billion, a P/E 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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