Sequoia Financial Advisors LLC Has $30.35 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Sequoia Financial Advisors LLC reduced its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 9.6% in the 2nd quarter, Holdings Channel reports. The firm owned 1,038,933 shares of the company’s stock after selling 110,066 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $30,347,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SCHG. Y.D. More Investments Ltd increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% during the first 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 in the last quarter. Luminist Capital LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth $38,000. GAMMA Investing LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2,404.4% during the first quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock worth $43,000 after buying an additional 1,635 shares in the last quarter. MTM Investment Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth $45,000. Finally, Copia Wealth Management acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth $48,000.

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

NYSEARCA SCHG opened at $31.41 on Monday. The company has a market capitalization of $50.18 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $32.63. The stock has a fifty day simple moving average of $31.12 and a 200 day simple moving average of $28.55.

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.