Schwab U.S. Large-Cap Growth ETF $SCHG is MOR Wealth Management LLC’s Largest Position

MOR Wealth Management LLC trimmed its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 796,661 shares of the company’s stock after selling 69,337 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises about 10.8% of MOR Wealth Management LLC’s investment portfolio, making the stock its largest position. MOR Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $26,959,000 at the end of the most recent reporting period.

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

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

SCHG opened at $35.53 on Friday. The stock has a market capitalization of $62.34 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business has a 50-day moving average of $34.80 and a two-hundred day moving average of $33.04. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $36.11.

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. 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.