Midwest Financial Group LLC Raises Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Midwest Financial Group LLC grew its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 16.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 137,123 shares of the company’s stock after purchasing an additional 19,537 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises about 1.7% of Midwest Financial Group LLC’s holdings, making the stock its 17th biggest holding. Midwest Financial Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,994,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Valpey Financial Services LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after buying an additional 7,752,527 shares during the period. Focus Partners Wealth raised its stake in Schwab U.S. Large-Cap Growth ETF by 655.4% in the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock worth $215,286,000 after buying an additional 5,728,214 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 9.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after buying an additional 3,230,427 shares during the period. Thrivent Financial for Lutherans lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 7,909.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock worth $101,473,000 after buying an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at approximately $92,090,000.

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

Shares of NYSEARCA:SCHG opened at $32.84 on Friday. The firm has a market capitalization of $55.51 billion, a P/E ratio of 34.24 and a beta of 1.19. The stock has a 50 day moving average price of $33.71 and a 200-day moving average price of $32.17. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.96 and a 52-week 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.