IHT Wealth Management LLC Sells 109,128 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

IHT Wealth Management LLC lowered its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 31.7% in the 4th quarter, Holdings Channel reports. The fund owned 235,423 shares of the company’s stock after selling 109,128 shares during the quarter. IHT Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,680,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valpey Financial Services LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after buying an additional 7,752,527 shares during the last quarter. Focus Partners Wealth raised its stake in Schwab U.S. Large-Cap Growth ETF by 655.4% during the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock valued at $215,286,000 after buying an additional 5,728,214 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 9.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after buying an additional 3,230,427 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after buying an additional 3,071,625 shares during the last quarter. Finally, BlueStem Wealth Partners LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at $92,090,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 1.5%

Shares of NYSEARCA:SCHG opened at $33.46 on Thursday. The stock has a fifty day simple moving average of $33.36 and a two-hundred day simple moving average of $32.14. The stock has a market capitalization of $56.56 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.68 and a 12-month high of $35.42.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.