Clear Point Advisors Inc. Has $11.91 Million Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Clear Point Advisors Inc. lessened its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 365,164 shares of the company’s stock after selling 18,010 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 9.2% of Clear Point Advisors Inc.’s portfolio, making the stock its largest position. Clear Point Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,912,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. REAP Financial Group LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $28,000. Bessemer Group Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $31,000. Cary Street Partners Investment Advisory LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th 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 in the last quarter. Howe & Rusling Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 37.7% during the 3rd 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 4th quarter valued at $49,000.

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

Shares of SCHG stock opened at $35.12 on Monday. The firm has a market capitalization of $59.36 billion, a PE ratio of 34.24 and a beta of 1.19. The firm has a fifty day simple moving average of $32.11 and a two-hundred day simple moving average of $31.97. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.18 and a 12 month high of $35.20.

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.