Swmg LLC Invests $253,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

Swmg LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 8,336 shares of the company’s stock, valued at approximately $253,000.

A number of other hedge funds have also modified their holdings of SCHG. Signature Estate & Investment Advisors LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 32.6% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 60,928 shares of the company’s stock worth $1,780,000 after acquiring an additional 14,987 shares during the period. Koshinski Asset Management Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 0.9% in the 2nd quarter. Koshinski Asset Management Inc. now owns 2,076,826 shares of the company’s stock worth $60,664,000 after acquiring an additional 18,849 shares during the period. Arista Wealth Management LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 484.7% in the 2nd quarter. Arista Wealth Management LLC now owns 50,412 shares of the company’s stock worth $1,473,000 after acquiring an additional 41,790 shares during the period. Stratos Wealth Partners LTD. grew its stake in Schwab U.S. Large-Cap Growth ETF by 0.8% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 252,645 shares of the company’s stock worth $7,380,000 after acquiring an additional 2,113 shares during the period. Finally, Two West Capital Advisors LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 7.7% in the 2nd quarter. Two West Capital Advisors LLC now owns 42,305 shares of the company’s stock worth $1,278,000 after acquiring an additional 3,027 shares during the period.

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

SCHG stock opened at $31.92 on Friday. The stock has a market capitalization of $51.11 billion, a P/E ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $32.63. The company has a 50 day moving average price of $31.30 and a two-hundred day moving average price of $28.76.

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.