Sovereign Financial Group Inc. Has $948,000 Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Sovereign Financial Group Inc. lowered its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,421 shares of the company’s stock after selling 247 shares during the period. Sovereign Financial Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $948,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SCHG. International Assets Investment Management LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 4,332.1% in the 4th quarter. International Assets Investment Management LLC now owns 483,493 shares of the company’s stock valued at $40,111,000 after acquiring an additional 472,584 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at approximately $23,876,000. Cerity Partners LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 62.1% during the 4th quarter. Cerity Partners LLC now owns 802,058 shares of the company’s stock valued at $66,538,000 after acquiring an additional 307,228 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2,045.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 283,966 shares of the company’s stock valued at $23,558,000 after purchasing an additional 270,733 shares in the last quarter. Finally, Visionary Horizons LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $18,033,000.

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

NYSEARCA SCHG traded down $0.15 on Wednesday, reaching $92.55. The company had a trading volume of 1,067,296 shares, compared to its average volume of 1,481,477. The business has a 50 day moving average of $91.29 and a two-hundred day moving average of $85.35. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $65.99 and a fifty-two week high of $93.84. The firm has a market cap of $27.07 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.