Prime Capital Investment Advisors LLC Cuts Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Prime Capital Investment Advisors LLC trimmed its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 35.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,787,599 shares of the company’s stock after selling 993,143 shares during the period. Prime Capital Investment Advisors LLC owned 0.12% of Schwab U.S. Large-Cap Growth ETF worth $52,216,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Y.D. More Investments Ltd boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 62.8% in the 1st quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock worth $36,000 after buying an additional 548 shares during the last quarter. Luminist Capital LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth approximately $38,000. GAMMA Investing LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 2,404.4% in the 1st quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock valued at $43,000 after purchasing an additional 1,635 shares in the last quarter. MTM Investment Management LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth $45,000. Finally, Copia Wealth Management acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter valued at about $48,000.

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

NYSEARCA SCHG opened at $32.09 on Monday. The stock’s fifty day moving average is $30.91 and its two-hundred day moving average is $28.33. The firm has a market capitalization of $51.02 billion, a P/E ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $32.28.

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.