Novem Group Purchases New Shares in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Novem Group acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,145,050 shares of the company’s stock, valued at approximately $31,913,000. Schwab U.S. Large-Cap Growth ETF accounts for approximately 4.6% of Novem Group’s holdings, making the stock its largest holding. Novem Group owned about 0.39% of Schwab U.S. Large-Cap Growth ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHG. Valley Wealth Managers Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth 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. HM Payson & Co. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after acquiring an additional 708 shares in the last quarter. Fairfield Financial Advisors LTD boosted its position in Schwab U.S. Large-Cap Growth ETF by 299.6% during the 4th quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock worth $28,000 after acquiring an additional 743 shares during the period. WealthCollab LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. WealthCollab LLC now owns 1,000 shares of the company’s stock valued at $28,000 after acquiring an additional 750 shares in the last quarter. Finally, Ritter Daniher Financial Advisory LLC DE grew its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 1,188 shares of the company’s stock valued at $33,000 after acquiring an additional 891 shares in the last quarter.

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

Shares of SCHG opened at $27.62 on Wednesday. The business’s 50-day moving average is $25.22 and its 200-day moving average is $26.98. The company has a market capitalization of $40.88 billion, a price-to-earnings ratio of 32.34 and a beta of 1.17. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two 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.