Financial Advisors LLC Reduces Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Financial Advisors LLC reduced its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 903,976 shares of the company’s stock after selling 18,268 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 16.8% of Financial Advisors LLC’s holdings, making the stock its 2nd largest position. Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $74,994,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Stonebrook Private Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $384,000. McCarthy Asset Management Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 21.1% during the fourth quarter. McCarthy Asset Management Inc. now owns 81,542 shares of the company’s stock worth $6,765,000 after purchasing an additional 14,224 shares during the period. Valmark Advisers Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 30.9% during the fourth quarter. Valmark Advisers Inc. now owns 4,094 shares of the company’s stock worth $340,000 after purchasing an additional 967 shares during the period. Kovack Advisors Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 69.8% during the fourth quarter. Kovack Advisors Inc. now owns 90,434 shares of the company’s stock worth $7,502,000 after purchasing an additional 37,189 shares during the period. Finally, New England Private Wealth Advisors LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 34.2% during the fourth quarter. New England Private Wealth Advisors LLC now owns 21,013 shares of the company’s stock worth $1,743,000 after purchasing an additional 5,360 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.9 %

Shares of SCHG traded up $1.73 during mid-day trading on Friday, hitting $90.58. 1,385,973 shares of the company’s stock were exchanged, compared to its average volume of 1,484,274. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $64.60 and a 52 week high of $93.84. The stock’s 50-day simple moving average is $91.15 and its 200-day simple moving average is $84.48. The firm has a market cap of $26.34 billion, a price-to-earnings ratio of 41.12 and a beta of 1.25.

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.