Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Stake Boosted by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 27.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 11,511 shares of the company’s stock after buying an additional 2,480 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $863,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. JNBA Financial Advisors lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 65.5% during the 1st quarter. JNBA Financial Advisors now owns 490 shares of the company’s stock valued at $32,000 after buying an additional 194 shares during the last quarter. M&R Capital Management Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 317.1% in the second quarter. M&R Capital Management Inc. now owns 488 shares of the company’s stock worth $37,000 after acquiring an additional 371 shares in the last quarter. Citigroup Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 381.5% during the fourth quarter. Citigroup Inc. now owns 703 shares of the company’s stock worth $39,000 after buying an additional 557 shares during the last quarter. Worth Asset Management LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 71.5% in the second quarter. Worth Asset Management LLC now owns 566 shares of the company’s stock worth $42,000 after buying an additional 236 shares during the last quarter. Finally, Fortis Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth about $47,000.

Schwab U.S. Large-Cap Growth ETF Price Performance

Shares of SCHG stock traded down $0.50 during trading on Tuesday, reaching $74.98. The company had a trading volume of 147,596 shares, compared to its average volume of 1,007,163. The firm’s 50 day simple moving average is $75.78 and its two-hundred day simple moving average is $70.43. Schwab U.S. Large-Cap Growth ETF has a one year low of $53.18 and a one year high of $78.50. The company has a market capitalization of $19.32 billion, a PE ratio of 27.24 and a beta of 1.10.

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.