Davis Capital Management Purchases 7,459 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Davis Capital Management grew its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 530.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,864 shares of the company’s stock after acquiring an additional 7,459 shares during the quarter. Davis Capital Management’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $247,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 92.5% in the second quarter. Renaissance Technologies LLC now owns 12,900 shares of the company’s stock worth $1,301,000 after buying an additional 6,200 shares during the last quarter. Evergreen Capital Management LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 3.3% in the second quarter. Evergreen Capital Management LLC now owns 3,964 shares of the company’s stock worth $400,000 after buying an additional 126 shares during the last quarter. Bank of Montreal Can lifted its position in Schwab U.S. Large-Cap Growth ETF by 7.5% in the second quarter. Bank of Montreal Can now owns 9,176 shares of the company’s stock worth $929,000 after buying an additional 639 shares during the last quarter. Clear Point Advisors Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 1.4% in the second quarter. Clear Point Advisors Inc. now owns 103,668 shares of the company’s stock worth $10,454,000 after buying an additional 1,442 shares during the last quarter. Finally, Wescott Financial Advisory Group LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.1% during the second quarter. Wescott Financial Advisory Group LLC now owns 6,917 shares of the company’s stock worth $698,000 after purchasing an additional 211 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.6 %

NYSEARCA:SCHG opened at $28.47 on Wednesday. The company has a market cap of $8.33 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.27 and a twelve month high of $29.14. The stock has a fifty day simple moving average of $28.10 and a 200-day simple moving average of $26.47.

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.