Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Stock Position Lessened by EWG Elevate Inc.

EWG Elevate Inc. trimmed its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.0% in the 2nd quarter, Holdings Channel reports. The firm owned 61,582 shares of the company’s stock after selling 3,257 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 2.3% of EWG Elevate Inc.’s holdings, making the stock its 10th biggest position. EWG Elevate Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $6,210,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Sei Investments Co. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.9% during the 1st quarter. Sei Investments Co. now owns 9,089,817 shares of the company’s stock valued at $842,808,000 after purchasing an additional 85,434 shares during the last quarter. Mather Group LLC. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 1.1% during the second quarter. Mather Group LLC. now owns 9,080,140 shares of the company’s stock valued at $841,911,000 after buying an additional 95,632 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 25.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock valued at $658,618,000 after buying an additional 1,617,687 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 11.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 3,600,863 shares of the company’s stock worth $333,872,000 after acquiring an additional 378,773 shares during the period. Finally, McAdam LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 4.7% during the 1st quarter. McAdam LLC now owns 1,757,045 shares of the company’s stock worth $162,913,000 after acquiring an additional 78,737 shares during the last quarter.

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

Shares of SCHG stock traded up $2.16 during mid-day trading on Tuesday, reaching $98.52. 1,003,080 shares of the company’s stock traded hands, compared to its average volume of 1,452,726. The firm has a market capitalization of $28.82 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $69.78 and a 12 month high of $105.74. The firm has a 50 day moving average price of $99.94 and a two-hundred day moving average price of $94.38.

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.