Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) is Advance Capital Management Inc.’s 6th Largest Position

Advance Capital Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 339.6% during the fourth quarter, HoldingsChannel reports. The fund owned 1,755,024 shares of the company’s stock after buying an additional 1,355,787 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises approximately 2.2% of Advance Capital Management Inc.’s holdings, making the stock its 6th largest position. Advance Capital Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $48,913,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SCHG. Envestnet Asset Management Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 14.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,977,923 shares of the company’s stock valued at $1,006,174,000 after acquiring an additional 1,274,595 shares in the last quarter. Mather Group LLC. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7.5% during the third quarter. Mather Group LLC. now owns 9,764,967 shares of the company’s stock valued at $1,017,314,000 after purchasing an additional 684,827 shares in the last quarter. Sei Investments Co. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 5.0% during the third quarter. Sei Investments Co. now owns 9,556,995 shares of the company’s stock valued at $995,648,000 after buying an additional 452,814 shares during the last quarter. LPL Financial LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 12.2% during the third quarter. LPL Financial LLC now owns 4,293,248 shares of the company’s stock valued at $447,271,000 after buying an additional 465,306 shares during the last quarter. Finally, McAdam LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 0.8% in the 3rd quarter. McAdam LLC now owns 1,848,527 shares of the company’s stock worth $192,580,000 after buying an additional 14,703 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.2 %

SCHG traded up $0.35 during midday trading on Monday, hitting $28.67. 8,432,663 shares of the company traded hands, compared to its average volume of 9,048,332. The company’s 50-day moving average is $27.83 and its 200 day moving average is $26.26. The firm has a market capitalization of $8.39 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $20.23 and a 52 week high of $29.14.

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.