Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by Novem Group

Novem Group reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.1% in the 4th quarter, HoldingsChannel reports. The firm owned 1,130,575 shares of the company’s stock after selling 98,998 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 4.2% of Novem Group’s portfolio, making the stock its largest position. Novem Group’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $36,879,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 300.3% in the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after acquiring an additional 9,139 shares during the period. Revolve Wealth Partners LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 294.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after acquiring an additional 359,429 shares during the period. AQR Capital Management LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 19.6% in the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock worth $3,246,000 after acquiring an additional 21,234 shares during the period. Goldman Sachs Group Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 285.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after acquiring an additional 385,822 shares during the period. Finally, First Trust Advisors LP purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $248,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.2%

Shares of NYSEARCA SCHG opened at $32.54 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $22.74 and a 52-week high of $33.74. The firm has a fifty day moving average of $30.41 and a 200-day moving average of $31.73. The stock has a market capitalization of $53.66 billion, a PE ratio of 34.24 and a beta of 1.19.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.