First Growth Capital LLC Makes New Investment in Schwab US Large-Cap ETF $SCHX

First Growth Capital LLC acquired a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 103,820 shares of the company’s stock, valued at approximately $2,833,000. Schwab US Large-Cap ETF makes up approximately 2.8% of First Growth Capital LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHX. Brighton Jones LLC increased its stake in Schwab US Large-Cap ETF by 198.5% in the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after buying an additional 140,539 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Schwab US Large-Cap ETF by 33.3% in the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock valued at $1,518,000 after acquiring an additional 15,522 shares in the last quarter. First Trust Advisors LP bought a new position in shares of Schwab US Large-Cap ETF in the second quarter worth about $633,000. Baird Financial Group Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 25.1% in the second quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after acquiring an additional 7,045 shares during the period. Finally, Ieq Capital LLC boosted its stake in shares of Schwab US Large-Cap ETF by 9.1% in the second quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after acquiring an additional 20,758 shares during the period.

Schwab US Large-Cap ETF Trading Up 1.0%

NYSEARCA:SCHX opened at $29.49 on Friday. The stock has a 50-day moving average price of $28.72 and a 200 day moving average price of $27.49. The stock has a market capitalization of $71.11 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12-month low of $23.50 and a 12-month high of $29.95.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.