Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Shares Bought by Summit Financial LLC

Summit Financial LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 171.3% in the second quarter, Holdings Channel reports. The fund owned 48,223 shares of the company’s stock after buying an additional 30,450 shares during the period. Summit Financial LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,868,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Private Ocean LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.2% during the 2nd quarter. Private Ocean LLC now owns 2,764 shares of the company’s stock worth $279,000 after buying an additional 112 shares during the last quarter. Pineridge Advisors LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 45.7% during the 1st quarter. Pineridge Advisors LLC now owns 386 shares of the company’s stock worth $36,000 after buying an additional 121 shares during the last quarter. Thompson Investment Management Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 32.2% during the 1st quarter. Thompson Investment Management Inc. now owns 517 shares of the company’s stock worth $48,000 after buying an additional 126 shares during the last quarter. Lakeridge Wealth Management LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the 1st quarter. Lakeridge Wealth Management LLC now owns 5,775 shares of the company’s stock worth $535,000 after buying an additional 130 shares during the last quarter. Finally, Patrick M Sweeney & Associates Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 5.0% during the 2nd quarter. Patrick M Sweeney & Associates Inc. now owns 2,750 shares of the company’s stock worth $267,000 after buying an additional 130 shares during the last quarter.

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

Shares of NYSEARCA SCHG traded up $1.04 during midday trading on Friday, reaching $101.63. 1,115,680 shares of the stock were exchanged, compared to its average volume of 1,428,906. The company has a 50 day simple moving average of $100.49 and a 200 day simple moving average of $95.62. The stock has a market capitalization of $29.73 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $69.78 and a twelve month high of $105.74.

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.