Advance Capital Management Inc. Lowers Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Advance Capital Management Inc. lessened its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,195,446 shares of the company’s stock after selling 56,146 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 1.7% of Advance Capital Management Inc.’s portfolio, making the stock its 8th biggest position. Advance Capital Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $38,995,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Crews Bank & Trust bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at approximately $25,000. Westfuller Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $26,000. REAP Financial Group LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $28,000. Bessemer Group Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $31,000. Finally, Howe & Rusling Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 37.7% in the third quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after acquiring an additional 332 shares during the period.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $29.80 on Friday. The stock has a fifty day moving average price of $31.26 and a two-hundred day moving average price of $31.92. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74. The firm has a market capitalization of $48.78 billion, a P/E ratio of 34.24 and a beta of 1.15.

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. 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.