Avantax Advisory Services Inc. Has $115.16 Million Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Avantax Advisory Services Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 389.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,132,097 shares of the company’s stock after purchasing an additional 3,288,558 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 0.7% of Avantax Advisory Services Inc.’s investment portfolio, making the stock its 17th largest holding. Avantax Advisory Services Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $115,162,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SCHG. Koshinski Asset Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 324,108.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock worth $43,583,658,000 after purchasing an additional 1,563,337,456 shares during the period. Mather Group LLC. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 301.4% during the fourth quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock worth $1,092,391,000 after purchasing an additional 29,430,979 shares in the last quarter. Avantax Planning Partners Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 293.9% in the fourth quarter. Avantax Planning Partners Inc. now owns 15,371,381 shares of the company’s stock worth $428,400,000 after buying an additional 11,468,549 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth approximately $403,827,000. Finally, Sei Investments Co. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 5.0% in the third quarter. Sei Investments Co. now owns 9,556,995 shares of the company’s stock worth $995,648,000 after buying an additional 452,814 shares in the last quarter.

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

Shares of SCHG stock opened at $25.08 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.68 and a fifty-two week high of $29.14. The stock has a 50 day moving average price of $27.97 and a two-hundred day moving average price of $27.21. The company has a market capitalization of $34.61 billion, a P/E ratio of 36.44 and a beta of 1.11.

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.