Opes Wealth Management LLC Sells 4,544 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Opes Wealth Management LLC trimmed its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 86,990 shares of the company’s stock after selling 4,544 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up about 1.7% of Opes Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. Opes Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,217,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Lederer & Associates Investment Counsel CA boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.7% in the 4th quarter. Lederer & Associates Investment Counsel CA now owns 7,840 shares of the company’s stock worth $650,000 after purchasing an additional 129 shares during the last quarter. SignalPoint Asset Management LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.5% in the 4th quarter. SignalPoint Asset Management LLC now owns 9,418 shares of the company’s stock worth $781,000 after purchasing an additional 142 shares during the last quarter. Crescent Sterling Ltd. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.8% in the 4th quarter. Crescent Sterling Ltd. now owns 19,463 shares of the company’s stock worth $1,615,000 after purchasing an additional 145 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.3% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,044 shares of the company’s stock worth $295,000 after purchasing an additional 168 shares during the last quarter. Finally, Greenwood Gearhart Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.0% in the 3rd quarter. Greenwood Gearhart Inc. now owns 5,744 shares of the company’s stock worth $418,000 after purchasing an additional 169 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.5 %

Shares of NYSEARCA:SCHG traded down $0.43 during midday trading on Thursday, hitting $88.98. The company had a trading volume of 1,322,309 shares, compared to its average volume of 1,471,150. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $63.57 and a 12 month high of $93.84. The stock has a market cap of $25.88 billion, a price-to-earnings ratio of 41.12 and a beta of 1.25. The firm has a fifty day simple moving average of $91.26 and a 200 day simple moving average of $83.73.

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.