Janney Montgomery Scott LLC Buys 43,748 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Janney Montgomery Scott LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 34.2% in the first quarter, HoldingsChannel.com reports. The firm owned 171,654 shares of the company’s stock after buying an additional 43,748 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $5,000,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SCHG. Foundations Investment Advisors LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock valued at $15,752,000 after purchasing an additional 47,368 shares during the period. Charles Schwab Trust Co lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% in the 4th quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock worth $57,190,000 after purchasing an additional 30,853 shares during the period. Simplicity Wealth LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 13.8% in the fourth quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock worth $11,176,000 after buying an additional 41,469 shares during the last quarter. Advisory Services Network LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 10.4% in the third quarter. Advisory Services Network LLC now owns 536,365 shares of the company’s stock worth $17,115,000 after buying an additional 50,616 shares during the last quarter. Finally, Dravo Bay LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 2.6% during the fourth quarter. Dravo Bay LLC now owns 1,213,888 shares of the company’s stock valued at $39,597,000 after buying an additional 30,487 shares during the period.

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

Shares of SCHG stock opened at $34.12 on Monday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.42. The stock has a market cap of $59.55 billion, a P/E ratio of 34.24 and a beta of 1.19. The company has a 50 day simple moving average of $33.85 and a two-hundred day simple moving average of $32.20.

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.