Systelligence LLC Makes New $14.85 Million Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Systelligence LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 509,891 shares of the company’s stock, valued at approximately $14,853,000. Schwab U.S. Large-Cap Growth ETF accounts for 2.9% of Systelligence LLC’s portfolio, making the stock its 14th largest holding.

Other institutional investors also recently made changes to their positions in the company. Garton & Associates Financial Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares during the period. MBM Wealth Consultants LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth $48,000. Manning & Napier Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth $49,000. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at $49,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.7%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $32.84 on Friday. The business has a fifty day simple moving average of $33.71 and a 200-day simple moving average of $32.17. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.42. The firm has a market cap of $55.51 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

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. 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.