Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 9.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,573,141 shares of the company’s stock after selling 155,739 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.08% of Schwab U.S. Large-Cap Growth ETF worth $53,235,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SCHG. Foundations Investment Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock valued at $15,752,000 after acquiring an additional 47,368 shares during the period. Vise Technologies Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 159.8% in the 4th quarter. Vise Technologies Inc. now owns 51,074 shares of the company’s stock valued at $1,666,000 after purchasing an additional 31,412 shares in the last quarter. XML Financial LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 8.6% in the 1st quarter. XML Financial LLC now owns 1,631,157 shares of the company’s stock valued at $47,516,000 after purchasing an additional 129,500 shares in the last quarter. MML Investors Services LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 15.3% in the fourth quarter. MML Investors Services LLC now owns 11,726,425 shares of the company’s stock valued at $382,516,000 after purchasing an additional 1,552,141 shares during the period. Finally, Catalyst Investment Management LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $2,164,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.9%

Shares of SCHG traded down $0.32 during midday trading on Wednesday, reaching $36.00. 8,584,131 shares of the company were exchanged, compared to its average volume of 12,571,731. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.96 and a 1-year high of $36.43. The stock has a 50-day moving average price of $35.07 and a 200-day moving average price of $33.45. The company has a market cap of $66.90 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

Schwab U.S. Large-Cap Growth ETF Company 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.