Exchange Traded Concepts LLC Makes New $1.98 Million Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Exchange Traded Concepts LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, Holdings Channel reports. The firm purchased 70,851 shares of the company’s stock, valued at approximately $1,975,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc grew its position in Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after purchasing an additional 763 shares during the last quarter. Tsfg LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Tsfg LLC now owns 1,200 shares of the company’s stock worth $33,000 after purchasing an additional 900 shares during the last quarter. Roble Belko & Company Inc grew its position in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Roble Belko & Company Inc now owns 1,356 shares of the company’s stock worth $38,000 after purchasing an additional 1,017 shares during the last quarter. Founders Capital Management grew its position in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Founders Capital Management now owns 1,404 shares of the company’s stock worth $39,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Hanseatic Management Services Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 307.1% in the 4th quarter. Hanseatic Management Services Inc. now owns 1,775 shares of the company’s stock worth $49,000 after purchasing an additional 1,339 shares during the last quarter.

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

NYSEARCA SCHG opened at $28.90 on Monday. The company’s fifty day moving average is $28.21 and its two-hundred day moving average is $26.54. The firm has a market capitalization of $8.45 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.27 and a 52-week high of $29.14.

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.