Ackerman Capital Advisors LLC Has $17.92 Million Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Ackerman Capital Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 289.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 642,910 shares of the company’s stock after buying an additional 477,678 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up about 4.7% of Ackerman Capital Advisors LLC’s holdings, making the stock its 3rd largest position. Ackerman Capital Advisors LLC owned about 0.22% of Schwab U.S. Large-Cap Growth ETF worth $17,918,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Valley Wealth Managers Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after buying an additional 678 shares in the last quarter. Versant Capital Management Inc raised its holdings in Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after acquiring an additional 763 shares during the period. Human Investing LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $29,000. Tsfg LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. Tsfg LLC now owns 1,200 shares of the company’s stock worth $33,000 after acquiring an additional 900 shares during the period. Finally, MeadowBrook Investment Advisors LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. MeadowBrook Investment Advisors LLC now owns 1,244 shares of the company’s stock valued at $35,000 after purchasing an additional 933 shares in the last quarter.

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

NYSEARCA:SCHG opened at $27.39 on Wednesday. The business’s fifty day moving average is $28.41 and its 200 day moving average is $27.10. The firm has a market cap of $37.80 billion, a price-to-earnings ratio of 36.44 and a beta of 1.11. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.68 and a 52-week high of $29.14.

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.