Fortis Capital Advisors LLC Makes New Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Fortis Capital Advisors LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,033,433 shares of the company’s stock, valued at approximately $25,877,000. Schwab U.S. Large-Cap Growth ETF makes up 5.3% of Fortis Capital Advisors LLC’s investment portfolio, making the stock its 5th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHG. Mpwm Advisory Solutions LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $36,000. Y.D. More Investments Ltd raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% during the 1st quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock worth $36,000 after buying an additional 548 shares in the last quarter. Luminist Capital LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth about $38,000. GAMMA Investing LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2,404.4% in the 1st quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock worth $43,000 after acquiring an additional 1,635 shares during the period. Finally, MTM Investment Management LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter valued at approximately $45,000.

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

NYSEARCA SCHG opened at $31.10 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $31.12. The firm has a market capitalization of $47.69 billion, a PE ratio of 34.24 and a beta of 1.10. The company’s 50 day simple moving average is $30.13 and its 200 day simple moving average is $27.62.

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.