Downshift Financial LLC Purchases New Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Downshift Financial LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 106,620 shares of the company’s stock, valued at approximately $3,106,000. Schwab U.S. Large-Cap Growth ETF accounts for approximately 1.5% of Downshift Financial LLC’s investment portfolio, making the stock its 17th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in SCHG. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $27,000. Cary Street Partners Investment Advisory LLC grew its holdings 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 purchasing an additional 1,019 shares during the last quarter. MBM Wealth Consultants LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $48,000. Manning & Napier Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $49,000. Finally, Kingdom Financial Group LLC. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $49,000.

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

Shares of SCHG opened at $34.52 on Tuesday. The stock has a fifty day moving average price of $33.89 and a 200 day moving average price of $32.22. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.42. The company has a market cap of $60.25 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.