Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Position Increased by Powers Advisory Group LLC

Powers Advisory Group LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 300.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 276,341 shares of the company’s stock after buying an additional 207,257 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises about 3.9% of Powers Advisory Group LLC’s holdings, making the stock its 9th largest holding. Powers Advisory Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,702,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SCHG. Institute for Wealth Management LLC. increased its stake in Schwab U.S. Large-Cap Growth ETF by 288.9% during the 4th quarter. Institute for Wealth Management LLC. now owns 243,556 shares of the company’s stock worth $6,788,000 after buying an additional 180,930 shares during the period. Kennebec Savings Bank grew its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Kennebec Savings Bank now owns 4,300 shares of the company’s stock worth $119,000 after purchasing an additional 3,225 shares in the last quarter. Strategic Advocates LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 179.4% during the 4th quarter. Strategic Advocates LLC now owns 77,714 shares of the company’s stock worth $2,166,000 after purchasing an additional 49,899 shares during the period. Boomfish Wealth Group LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $225,000. Finally, FSA Advisors Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 310.7% in the 4th quarter. FSA Advisors Inc. now owns 46,911 shares of the company’s stock valued at $1,307,000 after buying an additional 35,488 shares during the period.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $28.54 on Friday. The business has a 50-day simple moving average of $28.27 and a 200-day simple moving average of $26.59. The company has a market cap of $8.35 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.27 and a one year high of $29.14.

Schwab U.S. Large-Cap Growth ETF Company 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.