Morris Financial Concepts Inc. Purchases 5,689 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Morris Financial Concepts Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 238.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,076 shares of the company’s stock after purchasing an additional 5,689 shares during the period. Morris Financial Concepts Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $225,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% in the 4th quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock valued at $448,000 after acquiring an additional 11,980 shares in the last quarter. Burney Co. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 117.9% in the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after acquiring an additional 6,313 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 363.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 421,641 shares of the company’s stock valued at $11,751,000 after acquiring an additional 330,686 shares in the last quarter. Copley Financial Group Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at about $278,000. Finally, Summit Wealth & Retirement Planning Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 292.7% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock valued at $42,711,000 after acquiring an additional 1,142,247 shares in the last quarter.

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

Shares of NYSEARCA SCHG opened at $28.54 on Thursday. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The business has a 50-day moving average of $28.42 and a 200-day moving average of $26.80. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.68 and a fifty-two week high of $29.14.

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.