Burkett Financial Services LLC Has $49.82 Million Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Burkett Financial Services LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,705,702 shares of the company’s stock after purchasing an additional 29,976 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 17.9% of Burkett Financial Services LLC’s holdings, making the stock its largest holding. Burkett Financial Services LLC owned 0.11% of Schwab U.S. Large-Cap Growth ETF worth $49,824,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 13.6% in the first quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after purchasing an additional 5,775,232 shares in the last quarter. HighTower Advisors LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 70.8% in the first quarter. HighTower Advisors LLC now owns 7,614,284 shares of the company’s stock worth $190,662,000 after purchasing an additional 3,155,669 shares in the last quarter. Golden Reserve Retirement LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the first quarter worth approximately $69,560,000. Two Sigma Investments LP increased its holdings in Schwab U.S. Large-Cap Growth ETF by 612.9% in the fourth quarter. Two Sigma Investments LP now owns 3,204,323 shares of the company’s stock worth $89,304,000 after purchasing an additional 2,754,823 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 11.6% in the first quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after purchasing an additional 2,554,009 shares in the last quarter.

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

Shares of SCHG stock opened at $31.43 on Friday. The company has a market cap of $48.20 billion, a P/E ratio of 34.24 and a beta of 1.10. The stock has a 50 day simple moving average of $30.25 and a two-hundred day simple moving average of $27.70. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $31.50.

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.