New Century Financial Group LLC Makes New $745,000 Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

New Century Financial Group LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,387 shares of the company’s stock, valued at approximately $745,000.

Several other hedge funds and other institutional investors have also modified their holdings of SCHG. Envestnet Asset Management Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 25.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock worth $658,618,000 after acquiring an additional 1,617,687 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 259.4% in the 1st quarter. Cetera Investment Advisers now owns 1,696,108 shares of the company’s stock worth $157,263,000 after purchasing an additional 1,224,220 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 7,976.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 577,662 shares of the company’s stock valued at $58,251,000 after purchasing an additional 570,510 shares during the period. Advance Capital Management Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 8,500.1% during the 1st quarter. Advance Capital Management Inc. now owns 492,871 shares of the company’s stock worth $45,699,000 after buying an additional 487,140 shares during the last quarter. Finally, Koshinski Asset Management Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 643.7% during the 1st quarter. Koshinski Asset Management Inc. now owns 490,730 shares of the company’s stock worth $45,500,000 after buying an additional 424,746 shares during the last quarter.

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

SCHG stock opened at $104.18 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $69.78 and a 1 year high of $105.74. The stock has a market capitalization of $30.47 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The stock’s fifty day moving average is $99.90 and its two-hundred day moving average is $97.23.

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.