Exchange Traded Concepts LLC Makes New Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Exchange Traded Concepts LLC bought a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 70,851 shares of the company’s stock, valued at approximately $1,975,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Carnegie Investment Counsel raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% during the 4th quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock valued at $448,000 after purchasing an additional 11,980 shares in the last quarter. Burney Co. grew its stake in Schwab U.S. Large-Cap Growth ETF by 117.9% in the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after buying an additional 6,313 shares during the last quarter. Copley Financial Group Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $278,000. Brass Tax Wealth Management Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 14.6% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock valued at $4,449,000 after buying an additional 5,442 shares during the last quarter. Finally, Sculati Wealth Management LLC grew its stake in 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 during the last quarter.

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

NYSEARCA:SCHG opened at $28.90 on Monday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.27 and a 1 year high of $29.14. The firm’s fifty day simple moving average is $28.21 and its 200 day simple moving average is $26.54. The firm has a market capitalization of $8.45 billion, a PE ratio of 39.82 and a beta of 1.25.

Schwab U.S. Large-Cap Growth ETF 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.