Fagan Associates Inc. Purchases 109,912 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Fagan Associates Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 305.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,922 shares of the company’s stock after buying an additional 109,912 shares during the period. Fagan Associates Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,067,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHG. Valley Wealth Managers Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after buying an additional 678 shares in the last quarter. Versant Capital Management Inc increased its holdings in 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 worth $28,000 after purchasing an additional 763 shares in the last quarter. Human Investing LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $29,000. Tsfg LLC increased its holdings in 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 worth $33,000 after purchasing an additional 900 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. MeadowBrook Investment Advisors LLC now owns 1,244 shares of the company’s stock worth $35,000 after purchasing an additional 933 shares in the last quarter.

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

Shares of SCHG opened at $28.91 on Wednesday. The stock has a 50 day moving average price of $28.44 and a two-hundred day moving average price of $26.92. The firm has a market capitalization of $8.46 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.68 and a 52 week 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.