Schwab U.S. Large-Cap Growth ETF $SCHG Stock Position Lowered by Merit Financial Group LLC

Merit Financial Group LLC decreased its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,834,030 shares of the company’s stock after selling 82,631 shares during the period. Merit Financial Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $58,524,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. SMART Wealth LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 8.4% during the third quarter. SMART Wealth LLC now owns 15,539 shares of the company’s stock valued at $496,000 after buying an additional 1,208 shares in the last quarter. Texas Yale Capital Corp. boosted its position in Schwab U.S. Large-Cap Growth ETF by 5.3% during the 3rd quarter. Texas Yale Capital Corp. now owns 118,534 shares of the company’s stock worth $3,782,000 after acquiring an additional 6,000 shares during the period. Fifth Third Bancorp boosted its position in Schwab U.S. Large-Cap Growth ETF by 14.0% during the 3rd quarter. Fifth Third Bancorp now owns 3,964 shares of the company’s stock worth $126,000 after acquiring an additional 488 shares during the period. Petra Financial Advisors Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 4.5% during the 3rd quarter. Petra Financial Advisors Inc. now owns 81,078 shares of the company’s stock valued at $2,587,000 after acquiring an additional 3,458 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,386,478 shares of the company’s stock valued at $267,613,000 after purchasing an additional 896,496 shares during the period.

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

NYSEARCA SCHG opened at $32.69 on Friday. The firm has a market capitalization of $53.06 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The company has a 50 day simple moving average of $32.63 and a 200-day simple moving average of $31.43. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74.

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.