Valeo Financial Advisors LLC Boosts Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Valeo Financial Advisors LLC increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 688.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 327,066 shares of the company’s stock after purchasing an additional 285,576 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $9,246,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Inspire Advisors LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 3.5% in the 2nd quarter. Inspire Advisors LLC now owns 10,038 shares of the company’s stock worth $293,000 after purchasing an additional 342 shares during the period. GPS Wealth Strategies Group LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 9.8% during the second quarter. GPS Wealth Strategies Group LLC now owns 4,068 shares of the company’s stock valued at $119,000 after buying an additional 363 shares during the period. Ehrlich Financial Group lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the second quarter. Ehrlich Financial Group now owns 16,268 shares of the company’s stock worth $475,000 after buying an additional 367 shares in the last quarter. Ascension Capital Advisors Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.6% in the second quarter. Ascension Capital Advisors Inc. now owns 10,903 shares of the company’s stock worth $318,000 after buying an additional 377 shares in the last quarter. Finally, Wedmont Private Capital boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.6% in the second quarter. Wedmont Private Capital now owns 66,773 shares of the company’s stock valued at $1,966,000 after acquiring an additional 387 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 1.6%

Shares of NYSEARCA:SCHG opened at $32.50 on Monday. The company has a 50 day moving average of $32.52 and a 200 day moving average of $30.85. The stock has a market cap of $52.81 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $33.74.

About Schwab U.S. Large-Cap Growth ETF

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.