Mill Creek Capital Advisors LLC Trims Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Mill Creek Capital Advisors LLC reduced its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 20.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 199,420 shares of the company’s stock after selling 52,508 shares during the period. Mill Creek Capital Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $6,505,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock worth $15,752,000 after acquiring an additional 47,368 shares during the period. Bright Futures Wealth Management LLC. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $635,000. Compound Planning Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 16.2% during the third quarter. Compound Planning Inc. now owns 2,128,290 shares of the company’s stock worth $67,914,000 after acquiring an additional 296,519 shares during the period. Charles Schwab Trust Co increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% during the fourth quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock worth $57,190,000 after acquiring an additional 30,853 shares during the period. Finally, Simplicity Wealth LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 13.8% during the fourth quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock worth $11,176,000 after acquiring an additional 41,469 shares during the period.

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

Shares of NYSEARCA:SCHG opened at $33.42 on Monday. The firm has a market cap of $56.49 billion, a PE ratio of 34.24 and a beta of 1.19. The firm’s 50 day simple moving average is $33.10 and its 200-day simple moving average is $32.11. Schwab U.S. Large-Cap Growth ETF has a one year low of $27.68 and a one year high of $35.42.

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. 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.