Petra Financial Advisors Inc. Reduces Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Petra Financial Advisors Inc. trimmed its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 59.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,894 shares of the company’s stock after selling 46,176 shares during the period. Petra Financial Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $929,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Advisortrust Partners LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $27,000. Center for Financial Planning Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the first quarter worth $28,000. Cary Street Partners Investment Advisory LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after purchasing an additional 1,019 shares in the last quarter. Finally, MBM Wealth Consultants LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the first quarter worth $48,000.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $34.27 on Wednesday. The firm has a market capitalization of $59.97 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.42. The stock’s fifty day moving average is $34.12 and its two-hundred day moving average is $32.35.

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.