Kane Investment Management Inc. Lowers Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Kane Investment Management Inc. reduced its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 21.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 158,711 shares of the company’s stock after selling 42,760 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up about 2.4% of Kane Investment Management Inc.’s portfolio, making the stock its 5th biggest holding. Kane Investment Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,636,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SCHG. Mid American Wealth Advisory Group Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF during the second quarter worth about $26,000. Atlantic Union Bankshares Corp bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at about $29,000. Y.D. More Investments Ltd grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% during the 1st quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock worth $36,000 after purchasing an additional 548 shares in the last quarter. Key Financial Inc increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 148.6% during the second quarter. Key Financial Inc now owns 1,233 shares of the company’s stock worth $36,000 after purchasing an additional 737 shares during the period. Finally, Luminist Capital LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth approximately $38,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.3%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $32.25 on Friday. The company has a market capitalization of $52.40 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74. The firm’s 50-day moving average price is $32.18 and its two-hundred day moving average price is $29.95.

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.