Schwab U.S. Large-Cap Growth ETF $SCHG is Valley National Advisers Inc.’s 3rd Largest Position

Valley National Advisers Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 794,943 shares of the company’s stock after acquiring an additional 50,565 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 3.8% of Valley National Advisers Inc.’s holdings, making the stock its 3rd largest position. Valley National Advisers Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $23,220,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Y.D. More Investments Ltd lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% in the 1st quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock worth $36,000 after buying an additional 548 shares during the period. Luminist Capital LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth about $38,000. GAMMA Investing LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 2,404.4% during the 1st quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock valued at $43,000 after purchasing an additional 1,635 shares during the period. MTM Investment Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth approximately $45,000. Finally, Copia Wealth Management bought a new position in Schwab U.S. Large-Cap Growth ETF in the first quarter worth approximately $48,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.3%

Shares of NYSEARCA:SCHG opened at $32.09 on Monday. The company has a market capitalization of $51.02 billion, a PE ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $32.28. The business’s fifty day simple moving average is $30.91 and its 200-day simple moving average is $28.33.

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.