Financial Management Professionals Inc. Grows Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Financial Management Professionals Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 305.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,834,971 shares of the company’s stock after acquiring an additional 1,382,225 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for 6.5% of Financial Management Professionals Inc.’s portfolio, making the stock its 2nd largest holding. Financial Management Professionals Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $51,141,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHG. Versant Capital Management Inc raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after purchasing an additional 763 shares during the period. Tsfg LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Tsfg LLC now owns 1,200 shares of the company’s stock valued at $33,000 after purchasing an additional 900 shares during the period. Roble Belko & Company Inc raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Roble Belko & Company Inc now owns 1,356 shares of the company’s stock valued at $38,000 after purchasing an additional 1,017 shares during the period. Founders Capital Management raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Founders Capital Management now owns 1,404 shares of the company’s stock valued at $39,000 after purchasing an additional 1,053 shares during the period. Finally, Hanseatic Management Services Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 307.1% during the 4th quarter. Hanseatic Management Services Inc. now owns 1,775 shares of the company’s stock valued at $49,000 after purchasing an additional 1,339 shares during the period.

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

Shares of SCHG stock opened at $28.29 on Friday. The company has a market capitalization of $8.27 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The company’s fifty day moving average price is $28.09 and its 200-day moving average price is $26.45. Schwab U.S. Large-Cap Growth ETF has a one year low of $20.85 and a one year high of $29.14.

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.