CRA Financial Services LLC Grows Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

CRA Financial Services LLC boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 307.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 936,147 shares of the company’s stock after purchasing an additional 706,433 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 4.5% of CRA Financial Services LLC’s investment portfolio, making the stock its 4th biggest position. CRA Financial Services LLC owned approximately 0.32% of Schwab U.S. Large-Cap Growth ETF worth $26,090,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHG. Carnegie Investment Counsel grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% in the fourth quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock valued at $448,000 after acquiring an additional 11,980 shares in the last quarter. Summit Wealth & Retirement Planning Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 292.7% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock valued at $42,711,000 after purchasing an additional 1,142,247 shares during the period. Burney Co. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 117.9% during the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after purchasing an additional 6,313 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 363.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 421,641 shares of the company’s stock worth $11,751,000 after buying an additional 330,686 shares during the last quarter. Finally, Copley Financial Group Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at about $278,000.

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

Shares of SCHG stock opened at $28.94 on Tuesday. The firm has a market cap of $8.46 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.68 and a 52 week high of $29.14. The firm’s 50-day simple moving average is $28.43 and its two-hundred day simple moving average is $26.89.

Schwab U.S. Large-Cap Growth ETF 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.