Schwab U.S. Large-Cap Growth ETF $SCHG Holdings Lifted by Merit Financial Group LLC

Merit Financial Group LLC raised its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 132.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,916,661 shares of the company’s stock after purchasing an additional 1,090,799 shares during the quarter. Merit Financial Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $55,986,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 13.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock valued at $1,208,444,000 after acquiring an additional 5,775,232 shares during the period. Mather Group LLC. boosted its position in Schwab U.S. Large-Cap Growth ETF by 4.5% during the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after acquiring an additional 1,836,380 shares during the period. LPL Financial LLC grew its stake in shares of 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. Ameriprise Financial Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7.7% during the first quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock valued at $387,608,000 after purchasing an additional 1,106,110 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the first quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock valued at $371,147,000 after purchasing an additional 332,496 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.3%

Shares of NYSEARCA SCHG opened at $32.09 on Friday. The stock has a market cap of $51.02 billion, a P/E ratio of 34.24 and a beta of 1.10. The firm’s 50-day simple moving average is $30.91 and its 200 day simple moving average is $28.31. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $32.28.

Schwab U.S. Large-Cap Growth ETF 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.