Summit Financial LLC Buys 56,170 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Summit Financial LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 792,965 shares of the company’s stock after purchasing an additional 56,170 shares during the quarter. Summit Financial LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $25,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Foundations Investment Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock worth $15,752,000 after acquiring an additional 47,368 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $635,000. Compound Planning Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 16.2% during the third quarter. Compound Planning Inc. now owns 2,128,290 shares of the company’s stock worth $67,914,000 after acquiring an additional 296,519 shares in the last quarter. Charles Schwab Trust Co raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% during the fourth quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock worth $57,190,000 after acquiring an additional 30,853 shares in the last quarter. Finally, Simplicity Wealth LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 13.8% during the fourth quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock worth $11,176,000 after acquiring an additional 41,469 shares in the last quarter.

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

SCHG stock opened at $33.42 on Friday. The company has a market capitalization of $56.49 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a one year low of $27.68 and a one year high of $35.42. The company’s 50 day moving average price is $33.10 and its two-hundred day moving average price is $32.11.

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.