Parallel Advisors LLC Boosts Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Parallel Advisors LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 384.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 95,181 shares of the company’s stock after buying an additional 75,520 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,105,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. D.B. Root & Company LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 10.9% during the 3rd quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock worth $7,776,000 after purchasing an additional 23,865 shares during the last quarter. Foundations Investment Advisors LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 10.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock worth $15,752,000 after purchasing an additional 47,368 shares during the last quarter. Bright Futures Wealth Management LLC. purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $635,000. Compound Planning Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 16.2% in the 3rd quarter. Compound Planning Inc. now owns 2,128,290 shares of the company’s stock valued at $67,914,000 after acquiring an additional 296,519 shares during the last quarter. Finally, Charles Schwab Trust Co boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% in the 4th quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock valued at $57,190,000 after acquiring an additional 30,853 shares during the last quarter.

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

SCHG stock opened at $33.75 on Friday. The firm’s fifty day simple moving average is $32.63 and its 200-day simple moving average is $32.05. The company has a market capitalization of $57.05 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.68 and a 12 month high of $35.42.

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.