Envestnet Portfolio Solutions Inc. cut its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 35.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,796,120 shares of the company’s stock after selling 972,198 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.13% of Schwab U.S. Large-Cap Growth ETF worth $44,975,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 288.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 42,485,323 shares of the company’s stock valued at $1,184,066,000 after acquiring an additional 31,546,654 shares during the last quarter. Sei Investments Co. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 299.3% in the 4th quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock valued at $1,063,494,000 after purchasing an additional 28,602,115 shares during the period. Financial Engines Advisors L.L.C. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 253.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock valued at $1,108,907,000 after purchasing an additional 28,538,409 shares during the period. LPL Financial LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 413.7% during the 4th quarter. LPL Financial LLC now owns 22,053,161 shares of the company’s stock valued at $614,622,000 after purchasing an additional 17,759,913 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $403,827,000.
Schwab U.S. Large-Cap Growth ETF Stock Performance
Shares of SCHG stock opened at $27.96 on Thursday. The company has a market cap of $41.94 billion, a P/E ratio of 32.34 and a beta of 1.16. The stock has a 50 day simple moving average of $26.45 and a two-hundred day simple moving average of $27.04. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two 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.
Further Reading
- Five stocks we like better than Schwab U.S. Large-Cap Growth ETF
- Roth IRA Calculator: Calculate Your Potential Returns
- Chime’s Smart IPO: Half the Valuation, Double the Strength
- What is a Bond Market Holiday? How to Invest and Trade
- Why Quantum Computing Inc. Is the Quiet Winner in Quantum Stocks
- What is the Euro STOXX 50 Index?
- 3 Catalysts in 7 Days: Archer’s Growth Story Just Accelerated
Want to see what other hedge funds are holding SCHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report).
Receive News & Ratings for Schwab U.S. Large-Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Large-Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
