PFG Advisors Purchases Shares of 322,212 Schwab U.S. Large-Cap Growth ETF $SCHG

PFG Advisors purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 322,212 shares of the company’s stock, valued at approximately $10,282,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after purchasing an additional 28,455,790 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter worth about $511,489,000. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after buying an additional 6,651,144 shares during the last quarter. Sei Investments Co. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after buying an additional 4,524,057 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 22.3% during the 2nd quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock valued at $252,478,000 after buying an additional 1,578,072 shares in the last quarter.

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

NYSEARCA SCHG opened at $30.53 on Monday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.37 and a 1-year high of $33.74. The business has a 50 day simple moving average of $31.70 and a two-hundred day simple moving average of $31.95. The stock has a market capitalization of $49.97 billion, a PE ratio of 34.24 and a beta of 1.15.

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. 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.