Sovereign Financial Group Inc. Boosts Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Sovereign Financial Group Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.8% in the second quarter, Holdings Channel reports. The institutional investor owned 31,866 shares of the company’s stock after acquiring an additional 575 shares during the period. Sovereign Financial Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $931,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sowell Financial Services LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 4.0% during the first quarter. Sowell Financial Services LLC now owns 34,595 shares of the company’s stock worth $866,000 after buying an additional 1,320 shares during the period. Bessemer Group Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at $52,000. HRC Wealth Management LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 5.5% during the 2nd quarter. HRC Wealth Management LLC now owns 2,267,730 shares of the company’s stock valued at $66,240,000 after purchasing an additional 118,980 shares during the last quarter. Woodley Farra Manion Portfolio Management Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at $222,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.9% during the 1st quarter. International Assets Investment Management LLC now owns 20,421 shares of the company’s stock valued at $511,000 after purchasing an additional 956 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 3.4%

Shares of SCHG opened at $31.41 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $32.63. The stock has a fifty day moving average price of $31.12 and a 200-day moving average price of $28.53. The firm has a market cap of $50.12 billion, a PE ratio of 34.24 and a beta of 1.10.

Schwab U.S. Large-Cap Growth ETF Company 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.