Moors & Cabot Inc. Purchases 18,876 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Moors & Cabot Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 23.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 98,517 shares of the company’s stock after acquiring an additional 18,876 shares during the period. Moors & Cabot Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,214,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHG. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after acquiring an additional 6,651,144 shares in the last quarter. Vantagepoint Investment Advisers LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 6.5% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock worth $556,742,000 after buying an additional 1,038,388 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 8.2% in the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock worth $533,385,000 after buying an additional 1,261,913 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 3.3% in the second quarter. Raymond James Financial Inc. now owns 15,317,027 shares of the company’s stock worth $447,410,000 after buying an additional 494,865 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 9.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,027,556 shares of the company’s stock worth $319,979,000 after buying an additional 840,550 shares during the last quarter.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $35.12 on Friday. The stock has a market capitalization of $59.36 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.18 and a 52-week high of $35.20. The company has a 50-day simple moving average of $32.11 and a two-hundred day simple moving average of $31.98.

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.