Catalyst Investment Management LLC Acquires New Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Catalyst Investment Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 66,351 shares of the company’s stock, valued at approximately $2,164,000. Schwab U.S. Large-Cap Growth ETF comprises about 2.0% of Catalyst Investment Management LLC’s investment portfolio, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sunbelt Securities Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the fourth quarter. Sunbelt Securities Inc. now owns 726,980 shares of the company’s stock worth $23,714,000 after purchasing an additional 22,693 shares in the last quarter. Bauman Advisory Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $7,841,000. Waterford Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,073.6% during the 4th quarter. Waterford Advisors LLC now owns 147,643 shares of the company’s stock valued at $4,816,000 after buying an additional 135,063 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at approximately $49,000. Finally, WealthPoint Financial LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at approximately $2,406,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.3%

SCHG opened at $33.90 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.68 and a 12 month high of $35.42. The company has a market cap of $57.30 billion, a PE ratio of 34.24 and a beta of 1.19. The company has a 50 day moving average of $33.45 and a 200 day moving average of $32.15.

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.