Sovereign Financial Group Inc. Lowers Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Sovereign Financial Group Inc. cut its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 12.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 31,291 shares of the company’s stock after selling 4,414 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $784,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Valley Wealth Managers Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after acquiring an additional 678 shares in the last quarter. HM Payson & Co. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. HM Payson & Co. now owns 944 shares of the company’s stock valued at $26,000 after acquiring an additional 708 shares in the last quarter. Fairfield Financial Advisors LTD lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 299.6% in the fourth quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock valued at $28,000 after acquiring an additional 743 shares in the last quarter. WealthCollab LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth 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, Human Investing LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $29,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.0%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $28.09 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $29.14. The stock’s 50-day simple moving average is $25.73 and its 200-day simple moving average is $27.01. The company has a market capitalization of $42.14 billion, a price-to-earnings ratio of 32.34 and a beta of 1.16.

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.