Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Position Lowered by Burkett Financial Services LLC

Burkett Financial Services LLC lessened its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 467,512 shares of the company’s stock after selling 18,171 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 22.3% of Burkett Financial Services LLC’s portfolio, making the stock its biggest position. Burkett Financial Services LLC owned about 0.18% of Schwab U.S. Large-Cap Growth ETF worth $43,348,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 25.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock valued at $658,618,000 after acquiring an additional 1,617,687 shares during the period. Focus Financial Network Inc. ADV purchased a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth $121,792,000. International Assets Investment Management LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 4,332.1% in the fourth quarter. International Assets Investment Management LLC now owns 483,493 shares of the company’s stock valued at $40,111,000 after buying an additional 472,584 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 1,558.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 369,223 shares of the company’s stock valued at $30,631,000 after buying an additional 346,965 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.9% in the fourth quarter. Sei Investments Co. now owns 9,004,383 shares of the company’s stock valued at $747,003,000 after buying an additional 341,684 shares in the last quarter.

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

Shares of SCHG traded up $0.30 during trading hours on Tuesday, reaching $95.58. 848,788 shares of the company traded hands, compared to its average volume of 1,442,034. The stock has a market capitalization of $27.96 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $67.22 and a fifty-two week high of $95.58. The stock has a fifty day simple moving average of $91.77 and a 200 day simple moving average of $86.74.

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.