Raymond James Financial Services Advisors Inc. Buys 378,773 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Raymond James Financial Services Advisors Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 11.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,600,863 shares of the company’s stock after purchasing an additional 378,773 shares during the period. Raymond James Financial Services Advisors Inc. owned 1.24% of Schwab U.S. Large-Cap Growth ETF worth $333,872,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHG. MeadowBrook Investment Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $25,000. Tidemark LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $28,000. Roble Belko & Company Inc bought a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $28,000. First Command Advisory Services Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $25,000. Finally, Thompson Investment Management Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $32,000.

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

Shares of NYSEARCA SCHG traded down $1.68 during trading hours on Tuesday, reaching $89.06. 1,406,336 shares of the stock were exchanged, compared to its average volume of 1,481,186. The firm has a market capitalization of $26.05 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The stock’s fifty day simple moving average is $91.20 and its 200 day simple moving average is $84.75. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $64.60 and a 52 week high of $93.84.

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.