Paces Ferry Wealth Advisors LLC Acquires 10,240 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Paces Ferry Wealth Advisors LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 13.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 88,028 shares of the company’s stock after buying an additional 10,240 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 5.1% of Paces Ferry Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. Paces Ferry Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,303,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sei Investments Co. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.9% in the third quarter. Sei Investments Co. now owns 8,662,699 shares of the company’s stock valued at $629,952,000 after purchasing an additional 77,038 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the third quarter. Envestnet Asset Management Inc. now owns 6,321,295 shares of the company’s stock valued at $459,673,000 after purchasing an additional 198,814 shares during the period. Mariner LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.0% in the third quarter. Mariner LLC now owns 3,618,518 shares of the company’s stock valued at $263,139,000 after purchasing an additional 104,433 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 3,222,090 shares of the company’s stock valued at $267,305,000 after purchasing an additional 118,673 shares during the period. Finally, LPL Financial LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.0% in the third quarter. LPL Financial LLC now owns 2,541,846 shares of the company’s stock valued at $184,843,000 after purchasing an additional 165,266 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.9 %

Shares of NYSEARCA SCHG traded down $1.68 during trading on Tuesday, hitting $89.06. The company had a trading volume of 1,406,336 shares, compared to its average volume of 1,481,186. The stock has a fifty day simple moving average of $91.20 and a two-hundred day simple moving average of $84.75. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $64.60 and a fifty-two week high of $93.84. The firm has a market capitalization of $25.90 billion, a price-to-earnings ratio of 41.12 and a beta of 1.25.

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.