Caprock Group LLC Makes New $536,000 Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Caprock Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the third quarter, HoldingsChannel reports. The firm bought 17,550 shares of the company’s stock, valued at approximately $536,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after acquiring an additional 6,651,144 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after purchasing an additional 4,524,057 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after purchasing an additional 28,455,790 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% in the 2nd quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock worth $549,441,000 after purchasing an additional 1,175,660 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $511,489,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.3%

Shares of NYSEARCA:SCHG opened at $30.53 on Wednesday. The stock has a fifty day simple moving average of $32.19 and a two-hundred day simple moving average of $31.92. The stock has a market capitalization of $49.97 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74.

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.