Arsenal Capital Advisors LLC Makes New Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Arsenal Capital Advisors LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 152,642 shares of the company’s stock, valued at approximately $4,979,000. Schwab U.S. Large-Cap Growth ETF makes up approximately 3.5% of Arsenal Capital Advisors LLC’s portfolio, making the stock its 6th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter worth approximately $28,000. Bessemer Group Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter worth approximately $31,000. Cary Street Partners Investment Advisory LLC boosted its holdings 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 worth $35,000 after acquiring an additional 1,019 shares in the last quarter. Howe & Rusling Inc. boosted its holdings 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 worth $39,000 after acquiring an additional 332 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth approximately $49,000.

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

Shares of NYSEARCA:SCHG opened at $33.75 on Friday. The firm has a market cap of $57.05 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.68 and a 52-week high of $35.42. The business’s 50 day simple moving average is $32.63 and its two-hundred day simple moving average is $32.05.

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.