PNC Financial Services Group Inc. Buys 46,190 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

PNC Financial Services Group Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 64.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,518 shares of the company’s stock after purchasing an additional 46,190 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in SCHG. Westfuller Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at about $26,000. REAP Financial Group LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at about $28,000. Bessemer Group Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at about $31,000. Howe & Rusling Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 37.7% during the third quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after purchasing an additional 332 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at about $49,000.

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

Shares of SCHG stock opened at $34.37 on Tuesday. The company has a market cap of $58.09 billion, a P/E ratio of 34.24 and a beta of 1.19. The stock’s 50-day moving average is $31.74 and its 200 day moving average is $31.91. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $26.80 and a 1-year high of $34.74.

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.