Schwab U.S. Large-Cap Growth ETF $SCHG is Focus Financial Network Inc.’s 2nd Largest Position

Focus Financial Network Inc. lessened its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,361,225 shares of the company’s stock after selling 370,301 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 4.6% of Focus Financial Network Inc.’s holdings, making the stock its 2nd largest holding. Focus Financial Network Inc. owned approximately 0.25% of Schwab U.S. Large-Cap Growth ETF worth $147,584,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHG. Capital Wealth Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 2.7% during the second quarter. Capital Wealth Management LLC now owns 547,416 shares of the company’s stock valued at $18,525,000 after acquiring an additional 14,633 shares during the last quarter. IFC & Insurance Marketing Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 12.6% in the second quarter. IFC & Insurance Marketing Inc. now owns 12,183 shares of the company’s stock valued at $412,000 after acquiring an additional 1,366 shares during the period. Great Waters Wealth Management lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 5.3% in the 2nd quarter. Great Waters Wealth Management now owns 46,875 shares of the company’s stock worth $1,586,000 after acquiring an additional 2,369 shares during the last quarter. Birchbrook Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.2% in the 2nd quarter. Birchbrook Inc. now owns 94,049 shares of the company’s stock worth $3,183,000 after acquiring an additional 1,986 shares during the last quarter. Finally, Whitaker Myers Wealth Managers LTD. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1.2% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 579,315 shares of the company’s stock worth $19,604,000 after purchasing an additional 6,911 shares during the period.

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

SCHG stock opened at $35.78 on Monday. The stock has a market cap of $62.78 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.91. The company has a 50-day moving average price of $34.09 and a 200 day moving average price of $32.50.

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.