Sequoia Financial Advisors LLC Trims Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Sequoia Financial Advisors LLC cut its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 991,224 shares of the company’s stock after selling 16,649 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $33,543,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Brighton Jones LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 300.3% during the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after buying an additional 9,139 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 294.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after acquiring an additional 359,429 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 19.6% during the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock worth $3,246,000 after acquiring an additional 21,234 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock valued at $13,040,000 after acquiring an additional 385,822 shares during the period. Finally, First Trust Advisors LP acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at about $248,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.7%

NYSEARCA SCHG opened at $35.01 on Thursday. The stock has a market capitalization of $61.43 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The stock has a 50-day moving average of $34.89 and a 200 day moving average of $33.16. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.96 and a twelve month high of $36.11.

About Schwab U.S. Large-Cap Growth ETF

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.