Kovack Advisors Inc. Has $7.50 Million Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Kovack Advisors Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 69.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,434 shares of the company’s stock after purchasing an additional 37,189 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 0.9% of Kovack Advisors Inc.’s investment portfolio, making the stock its 13th biggest holding. Kovack Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,502,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. First Command Advisory Services Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $25,000. Roble Belko & Company Inc acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth $28,000. WestHill Financial Advisors Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $29,000. Thompson Investment Management Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth $32,000. Finally, MCF Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 45,200.0% during the 3rd quarter. MCF Advisors LLC now owns 453 shares of the company’s stock worth $33,000 after acquiring an additional 452 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 2.0 %

Schwab U.S. Large-Cap Growth ETF stock traded up $1.74 on Friday, reaching $90.59. 1,385,136 shares of the stock were exchanged, compared to its average volume of 1,484,274. The stock has a market cap of $26.34 billion, a PE ratio of 41.12 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $64.60 and a twelve month high of $93.84. The firm has a fifty day moving average price of $91.15 and a two-hundred day moving average price of $84.41.

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.