L2 Asset Management LLC Acquires 111,552 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

L2 Asset Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 49.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 338,738 shares of the company’s stock after purchasing an additional 111,552 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for 1.5% of L2 Asset Management LLC’s portfolio, making the stock its 14th biggest position. L2 Asset Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,050,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHG. Brighton Jones LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after purchasing an additional 9,139 shares during the period. Revolve Wealth Partners LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 294.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after purchasing an additional 359,429 shares during the period. AQR Capital Management LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 19.6% in the first quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock worth $3,246,000 after purchasing an additional 21,234 shares during the period. Goldman Sachs Group Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 285.9% in the first quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after purchasing an additional 385,822 shares during the period. Finally, First Trust Advisors LP purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the second quarter worth $248,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 2.4%

Shares of SCHG stock opened at $34.22 on Tuesday. The stock has a market cap of $57.84 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business’s fifty day moving average is $33.19 and its 200 day moving average is $32.12. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.68 and a twelve month high of $35.42.

Schwab U.S. Large-Cap Growth ETF 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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.