L2 Asset Management LLC Increases Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

L2 Asset Management LLC increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 50.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 227,186 shares of the company’s stock after purchasing an additional 75,727 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 1.0% of L2 Asset Management LLC’s portfolio, making the stock its 24th largest position. L2 Asset Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,250,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Crews Bank & Trust acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at approximately $25,000. Westfuller Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth $26,000. REAP Financial Group LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth $28,000. Bessemer Group Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at $31,000. Finally, Howe & Rusling Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 37.7% during the third quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after buying an additional 332 shares during the last quarter.

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

NYSEARCA SCHG opened at $30.27 on Tuesday. The company has a market cap of $49.54 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The stock’s fifty day moving average price is $31.43 and its 200 day moving average price is $31.95. 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.