Hershey Financial Advisers LLC Invests $3.20 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Hershey Financial Advisers LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 109,426 shares of the company’s stock, valued at approximately $3,196,000. Schwab U.S. Large-Cap Growth ETF makes up about 2.9% of Hershey Financial Advisers LLC’s holdings, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHG. Charles Schwab Investment Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after purchasing an additional 28,455,790 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after purchasing an additional 6,979,991 shares during the period. RMG Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $142,573,000. Sei Investments Co. increased its stake in Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after buying an additional 4,524,057 shares during the period. Finally, Mather Group LLC. increased its stake in Schwab U.S. Large-Cap Growth ETF by 4.5% during the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after buying an additional 1,836,380 shares during the period.

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

Shares of SCHG stock opened at $32.50 on Friday. The company’s fifty day moving average price is $32.52 and its two-hundred day moving average price is $30.83. The firm has a market capitalization of $52.81 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $33.74.

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.