Alpha Zero LLC Grows Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Alpha Zero LLC lifted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 528,923 shares of the company’s stock after purchasing an additional 35,882 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 7.8% of Alpha Zero LLC’s portfolio, making the stock its 3rd largest position. Alpha Zero LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,408,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHG. Brighton Jones LLC raised its stake 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 worth $340,000 after acquiring an additional 9,139 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 294.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock valued at $13,416,000 after acquiring an additional 359,429 shares during the period. AQR Capital Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 19.6% in the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock valued at $3,246,000 after purchasing an additional 21,234 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock valued at $13,040,000 after purchasing an additional 385,822 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth about $248,000.

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

SCHG opened at $34.15 on Tuesday. The firm has a market cap of $59.76 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The firm’s 50-day simple moving average is $34.11 and its 200-day simple moving average is $32.34. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.96 and a twelve month high of $35.42.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.