Park Avenue Securities LLC Boosts Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Park Avenue Securities LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 12.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,646,617 shares of the company’s stock after purchasing an additional 413,587 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises approximately 1.0% of Park Avenue Securities LLC’s holdings, making the stock its 18th largest holding. Park Avenue Securities LLC owned about 0.22% of Schwab U.S. Large-Cap Growth ETF worth $118,953,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Crews Bank & Trust acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $25,000. Westfuller Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $26,000. REAP Financial Group LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $28,000. Bessemer Group Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $31,000. Finally, Howe & Rusling Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 37.7% during the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after acquiring an additional 332 shares during the last quarter.

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

Shares of SCHG stock opened at $29.80 on Friday. The firm has a fifty day moving average of $31.26 and a two-hundred day moving average of $31.92. The firm has a market cap of $48.78 billion, a P/E ratio of 34.24 and a beta of 1.15. 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 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.