Old Port Advisors Trims Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Old Port Advisors decreased its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 81,301 shares of the company’s stock after selling 3,521 shares during the period. Old Port Advisors’ holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHG. Brighton Jones LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 300.3% during the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after purchasing an additional 9,139 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 294.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after purchasing an additional 359,429 shares in the last quarter. Millennium Management LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at about $224,000. Baring Financial LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 1.7% in the 1st quarter. Baring Financial LLC now owns 134,105 shares of the company’s stock worth $3,358,000 after purchasing an additional 2,249 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 2,404.4% in the 1st quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock worth $43,000 after purchasing an additional 1,635 shares in the last quarter.

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

Shares of SCHG opened at $31.64 on Friday. The business’s 50 day simple moving average is $30.71 and its 200-day simple moving average is $28.07. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $32.22. The stock has a market capitalization of $48.52 billion, a price-to-earnings ratio of 34.24 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.