Fairway Financial LLC Invests $9.54 Million in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Fairway Financial LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 342,455 shares of the company’s stock, valued at approximately $9,544,000. Schwab U.S. Large-Cap Growth ETF accounts for 8.7% of Fairway Financial LLC’s portfolio, making the stock its 2nd biggest holding. Fairway Financial LLC owned 0.12% of Schwab U.S. Large-Cap Growth ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth about $56,000. Tidemark LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 119.8% during the third quarter. Tidemark LLC now owns 734 shares of the company’s stock worth $76,000 after buying an additional 400 shares during the period. Valley Wealth Managers Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after buying an additional 678 shares during the period. Providence Capital Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the third quarter worth about $105,000. Finally, Versant Capital Management Inc grew its position in Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after buying an additional 763 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.6 %

Shares of SCHG opened at $28.73 on Friday. The firm’s 50-day moving average is $28.45 and its two-hundred day moving average is $26.98. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.68 and a twelve month high of $29.14. The firm has a market capitalization of $8.40 billion, a P/E ratio of 39.82 and a beta of 1.25.

Schwab U.S. Large-Cap Growth ETF Company 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.