Sequoia Financial Advisors LLC Reduces Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Sequoia Financial Advisors LLC reduced its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,007,873 shares of the company’s stock after selling 67,262 shares during the quarter. Sequoia Financial Advisors LLC owned about 0.06% of Schwab U.S. Large-Cap Growth ETF worth $29,359,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Duncker Streett & Co. Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 0.4% during the 4th quarter. Duncker Streett & Co. Inc. now owns 74,707 shares of the company’s stock valued at $2,437,000 after purchasing an additional 312 shares during the period. WMG Financial Advisors LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.1% during the 1st quarter. WMG Financial Advisors LLC now owns 15,713 shares of the company’s stock valued at $458,000 after purchasing an additional 323 shares in the last quarter. CPC Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the fourth quarter. CPC Advisors LLC now owns 14,719 shares of the company’s stock valued at $480,000 after buying an additional 325 shares during the period. AssuredPartners Investment Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.6% during the fourth quarter. AssuredPartners Investment Advisors LLC now owns 9,384 shares of the company’s stock valued at $306,000 after buying an additional 326 shares during the period. Finally, Liberty Square Wealth Partners LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.4% in the 4th quarter. Liberty Square Wealth Partners LLC now owns 10,374 shares of the company’s stock worth $338,000 after acquiring an additional 340 shares in the last quarter.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock traded up $0.11 during trading on Friday, hitting $34.65. The company’s stock had a trading volume of 6,414,408 shares, compared to its average volume of 14,780,517. The company has a fifty day simple moving average of $34.02 and a two-hundred day simple moving average of $32.28. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $35.42. The company has a market capitalization of $60.51 billion, a PE ratio of 34.24 and a beta of 1.19.

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.