Fifth Third Bancorp Acquires 51,757 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Fifth Third Bancorp increased its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 584.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 60,613 shares of the company’s stock after buying an additional 51,757 shares during the quarter. Fifth Third Bancorp’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,766,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHG. Garton & Associates Financial Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC lifted its position in shares of 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 worth $35,000 after buying an additional 1,019 shares during the period. MBM Wealth Consultants LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $48,000. Manning & Napier Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $49,000. Finally, Kingdom Financial Group LLC. acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at $49,000.

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

Shares of NYSEARCA:SCHG opened at $34.05 on Thursday. The business’s fifty day moving average price is $34.11 and its two-hundred day moving average price is $32.36. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.42. The stock has a market capitalization of $59.58 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

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.