Midwest Capital Advisors LLC Makes New Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Midwest Capital Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,051,703 shares of the company’s stock, valued at approximately $29,311,000. Schwab U.S. Large-Cap Growth ETF accounts for 21.4% of Midwest Capital Advisors LLC’s portfolio, making the stock its biggest holding. Midwest Capital Advisors LLC owned 0.36% of Schwab U.S. Large-Cap Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SCHG. Moisand Fitzgerald Tamayo LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,304 shares of the company’s stock valued at $36,000 after purchasing an additional 978 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $780,000. Colonial River Investments LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $204,000. Black Diamond Financial LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 361.0% during the fourth quarter. Black Diamond Financial LLC now owns 879,837 shares of the company’s stock valued at $24,521,000 after buying an additional 688,979 shares during the last quarter. Finally, Delta Financial Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $805,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.5 %

Shares of SCHG opened at $28.01 on Monday. The stock’s 50-day moving average price is $28.44 and its 200 day moving average price is $27.07. The firm has a market capitalization of $8.19 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.68 and a 12-month high of $29.14.

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.