Eagle Capital Management LLC Reduces Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Eagle Capital Management LLC reduced its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 14.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,159 shares of the company’s stock after selling 25,375 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 1.8% of Eagle Capital Management LLC’s investment portfolio, making the stock its 21st biggest position. Eagle Capital Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,491,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Garton & Associates Financial Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after acquiring an additional 1,019 shares during the last quarter. Manning & Napier Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $49,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $49,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $49,000.

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

NYSEARCA:SCHG opened at $32.98 on Thursday. The firm has a market cap of $55.74 billion, a PE ratio of 34.24 and a beta of 1.19. The firm has a 50 day simple moving average of $33.67 and a 200-day simple moving average of $32.16. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.96 and a 1-year high of $35.42.

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.