Powers Advisory Group LLC Buys 28,532 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Powers Advisory Group LLC increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 9.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 327,345 shares of the company’s stock after acquiring an additional 28,532 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 4.2% of Powers Advisory Group LLC’s investment portfolio, making the stock its 6th largest position. Powers Advisory Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $9,562,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Ehrlich Financial Group boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the second quarter. Ehrlich Financial Group now owns 16,268 shares of the company’s stock worth $475,000 after acquiring an additional 367 shares during the last quarter. BIP Wealth LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.9% in the first quarter. BIP Wealth LLC now owns 20,944 shares of the company’s stock worth $524,000 after acquiring an additional 383 shares during the last quarter. Wedmont Private Capital boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.6% in the second quarter. Wedmont Private Capital now owns 66,773 shares of the company’s stock worth $1,966,000 after acquiring an additional 387 shares during the last quarter. Earned Wealth Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 3.7% during the first quarter. Earned Wealth Advisors LLC now owns 10,943 shares of the company’s stock valued at $274,000 after buying an additional 391 shares in the last quarter. Finally, Van Hulzen Asset Management LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 2.7% during the first quarter. Van Hulzen Asset Management LLC now owns 15,419 shares of the company’s stock valued at $386,000 after buying an additional 403 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.4%

Shares of SCHG stock opened at $31.91 on Wednesday. The stock has a market cap of $48.94 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $32.22. The firm’s 50 day moving average price is $30.79 and its two-hundred day moving average price is $28.18.

Schwab U.S. Large-Cap Growth ETF Company 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.