Sovereign Financial Group Inc. Increases Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Sovereign Financial Group Inc. grew its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 301.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 35,705 shares of the company’s stock after acquiring an additional 26,808 shares during the period. Sovereign Financial Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $995,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Copley Financial Group Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at approximately $278,000. Brass Tax Wealth Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 14.6% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock worth $4,449,000 after buying an additional 5,442 shares during the last quarter. Sculati Wealth Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 82.2% in the 3rd quarter. Sculati Wealth Management LLC now owns 84,484 shares of the company’s stock valued at $8,802,000 after buying an additional 38,110 shares in the last quarter. Denver PWM LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.3% in the 3rd quarter. Denver PWM LLC now owns 228,950 shares of the company’s stock valued at $23,852,000 after buying an additional 672 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after acquiring an additional 763 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.4 %

Shares of NYSEARCA SCHG opened at $27.51 on Wednesday. The business has a 50-day moving average price of $28.06 and a 200 day moving average price of $26.40. The stock has a market cap of $8.05 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $20.59 and a 52-week high of $29.14.

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.