Schwab U.S. Large-Cap Growth ETF $SCHG Shares Purchased by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC grew its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 63.6% in the first quarter, HoldingsChannel.com reports. The fund owned 1,291,337 shares of the company’s stock after buying an additional 502,034 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises about 17.6% of Midwest Capital Advisors LLC’s portfolio, making the stock its biggest holding. Midwest Capital Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $37,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Garton & Associates Financial Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after purchasing an additional 1,019 shares during the period. MBM Wealth Consultants LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the first quarter worth approximately $48,000. Manning & Napier Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $49,000. Finally, Kingdom Financial Group LLC. bought a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $49,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.8%

SCHG opened at $34.11 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.96 and a 12-month high of $35.42. The stock has a market cap of $59.50 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business has a 50 day moving average of $33.79 and a 200-day moving average of $32.18.

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. 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.