Financial Management Professionals Inc. Raises Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Financial Management Professionals Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,985,739 shares of the company’s stock after purchasing an additional 83,292 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 6.5% of Financial Management Professionals Inc.’s portfolio, making the stock its 2nd biggest holding. Financial Management Professionals Inc. owned 0.13% of Schwab U.S. Large-Cap Growth ETF worth $58,002,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHG. Y.D. More Investments Ltd raised its stake in 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 valued at $36,000 after purchasing an additional 548 shares during the period. Luminist Capital LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth approximately $38,000. GAMMA Investing LLC increased its stake in 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 last quarter. MTM Investment Management LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth approximately $45,000. Finally, Copia Wealth Management bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth approximately $48,000.

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

NYSEARCA:SCHG opened at $31.86 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $32.22. The stock’s 50 day simple moving average is $30.59 and its two-hundred day simple moving average is $27.95. The company has a market cap of $48.86 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

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.