Savvy Advisors Inc. Purchases 734,008 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Savvy Advisors Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 44.8% during the 4th quarter, Holdings Channel reports. The firm owned 2,371,128 shares of the company’s stock after buying an additional 734,008 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 2.5% of Savvy Advisors Inc.’s investment portfolio, making the stock its 6th biggest holding. Savvy Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $77,346,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Crews Bank & Trust acquired a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at about $25,000. Westfuller Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter worth about $26,000. REAP Financial Group LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $28,000. Bessemer Group Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $31,000. Finally, Howe & Rusling Inc. raised its stake in shares of 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 last quarter.

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

Shares of SCHG opened at $29.42 on Friday. The company has a market capitalization of $48.90 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $33.74. The business’s 50 day simple moving average is $30.55 and its 200-day simple moving average is $31.78.

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.