Main Street Financial Solutions LLC Sells 238,692 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Main Street Financial Solutions LLC reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 12.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,661,436 shares of the company’s stock after selling 238,692 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 4.1% of Main Street Financial Solutions LLC’s portfolio, making the stock its 2nd largest holding. Main Street Financial Solutions LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $54,196,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Foundations Investment Advisors LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock valued at $15,752,000 after purchasing an additional 47,368 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at approximately $635,000. Compound Planning Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 16.2% during the third quarter. Compound Planning Inc. now owns 2,128,290 shares of the company’s stock valued at $67,914,000 after buying an additional 296,519 shares during the period. Charles Schwab Trust Co lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% during the fourth quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock valued at $57,190,000 after buying an additional 30,853 shares during the period. Finally, Simplicity Wealth LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 13.8% during the fourth quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock valued at $11,176,000 after buying an additional 41,469 shares during the period.

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

Shares of SCHG opened at $33.46 on Thursday. The company has a market capitalization of $56.56 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company’s 50 day simple moving average is $33.36 and its 200 day simple moving average is $32.14. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.68 and a 1 year high of $35.42.

About Schwab U.S. Large-Cap Growth ETF

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.