Patrick M Sweeney & Associates Inc. Acquires New Shares in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Patrick M Sweeney & Associates Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,620 shares of the company’s stock, valued at approximately $217,000.

A number of other hedge funds have also added to or reduced their stakes in SCHG. Sei Investments Co. grew its stake in Schwab U.S. Large-Cap Growth ETF by 0.9% during the third quarter. Sei Investments Co. now owns 8,662,699 shares of the company’s stock valued at $629,952,000 after acquiring an additional 77,038 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings 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 worth $459,673,000 after purchasing an additional 198,814 shares during the period. Mariner LLC increased its holdings 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 worth $263,139,000 after purchasing an additional 104,433 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 3.8% during 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 buying an additional 118,673 shares during the period. Finally, LPL Financial LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 7.0% during the third quarter. LPL Financial LLC now owns 2,541,846 shares of the company’s stock valued at $184,843,000 after buying an additional 165,266 shares during the period.

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

NYSEARCA SCHG traded up $0.01 during trading on Tuesday, reaching $92.75. The company’s stock had a trading volume of 1,125,678 shares, compared to its average volume of 1,486,183. The firm has a fifty day moving average of $91.29 and a 200 day moving average of $85.35. Schwab U.S. Large-Cap Growth ETF has a one year low of $65.95 and a one year high of $93.84. The stock has a market capitalization of $27.13 billion, a PE ratio of 39.82 and a beta of 1.25.

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.