Schwab U.S. Large-Cap Growth ETF $SCHG Shares Acquired by AMI Investment Management Inc.

AMI Investment Management Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 83.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,903 shares of the company’s stock after purchasing an additional 128,464 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 2.1% of AMI Investment Management Inc.’s investment portfolio, making the stock its 14th biggest position. AMI Investment Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $9,228,000 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. Spire Wealth Management increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 13.0% during the 4th quarter. Spire Wealth Management now owns 87,745 shares of the company’s stock worth $2,862,000 after purchasing an additional 10,072 shares in the last quarter. Auctus Advisors LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $393,000. Cypress Financial Planning LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth $3,257,000. Guardian Financial Partners LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.1% in the fourth quarter. Guardian Financial Partners LLC now owns 193,253 shares of the company’s stock worth $6,304,000 after acquiring an additional 2,100 shares during the last quarter. Finally, First County Bank CT lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 5.8% in the fourth quarter. First County Bank CT now owns 58,900 shares of the company’s stock valued at $1,921,000 after acquiring an additional 3,238 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.4%

SCHG opened at $28.19 on Friday. The firm has a market cap of $46.14 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $33.74. The business’s fifty day simple moving average is $30.85 and its 200 day simple moving average is $31.87.

Schwab U.S. Large-Cap Growth ETF 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.