L. Roy Papp & Associates LLP Reduces Position in Schwab U.S. Large-Cap Growth ETF $SCHG

L. Roy Papp & Associates LLP cut its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report) by 2.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,421 shares of the company’s stock after selling 520 shares during the period. L. Roy Papp & Associates LLP’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $655,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SCHG. Envestnet Asset Management Inc. boosted its position 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 during the last quarter. RMG Wealth Management LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF in the second quarter worth about $142,573,000. HighTower Advisors LLC boosted its position 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 during the last quarter. Golden Reserve Retirement LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $69,560,000. Finally, LPL Financial LLC boosted its position 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 during the last quarter.

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

Shares of NYSEARCA:SCHG opened at $32.50 on Friday. The stock has a market capitalization of $51.86 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. The stock’s 50-day simple moving average is $31.09 and its two-hundred day simple moving average is $28.48. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $32.54.

Schwab U.S. Large-Cap Growth ETF Profile

(Free Report)

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

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Institutional Ownership by Quarter for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

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