Summit Asset Management LLC Has $42.06 Million Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Summit Asset Management LLC grew its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,443,974 shares of the company’s stock after buying an additional 44,950 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up about 5.9% of Summit Asset Management LLC’s investment portfolio, making the stock its 2nd largest holding. Summit Asset Management LLC owned about 0.09% of Schwab U.S. Large-Cap Growth ETF worth $42,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Alpha Zero LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.3% during the first quarter. Alpha Zero LLC now owns 528,923 shares of the company’s stock valued at $15,408,000 after acquiring an additional 35,882 shares in the last quarter. Basepoint Wealth LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 23.2% in the 1st quarter. Basepoint Wealth LLC now owns 10,245 shares of the company’s stock valued at $298,000 after acquiring an additional 1,926 shares in the last quarter. Lowe Brockenbrough & Co. Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 227.6% in the 1st quarter. Lowe Brockenbrough & Co. Inc. now owns 1,546,872 shares of the company’s stock valued at $45,060,000 after acquiring an additional 1,074,695 shares in the last quarter. Scarborough Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at $53,000. Finally, Balefire LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 4.0% during the 1st quarter. Balefire LLC now owns 10,543 shares of the company’s stock valued at $307,000 after purchasing an additional 404 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.1%

Schwab U.S. Large-Cap Growth ETF stock opened at $34.15 on Tuesday. 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 fifty day simple moving average of $34.11 and a two-hundred day simple moving average of $32.34. The firm has a market cap of $59.76 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

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.