Prime Capital Investment Advisors LLC Cuts Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Prime Capital Investment Advisors LLC reduced its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 10.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,604,808 shares of the company’s stock after selling 182,791 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $51,209,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.3% in the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after purchasing an additional 9,139 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 294.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after buying an additional 359,429 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 19.6% in the first quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock valued at $3,246,000 after buying an additional 21,234 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% in the first quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after buying an additional 385,822 shares in the last quarter. Finally, Joel Isaacson & Co. LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at about $221,000.

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

SCHG opened at $30.46 on Friday. The firm has a market capitalization of $49.86 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The company’s 50 day simple moving average is $32.51 and its two-hundred day simple moving average is $31.84. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.37 and a 1-year high of $33.74.

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.