Financial Management Professionals Inc. Increases Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Financial Management Professionals Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 503,948 shares of the company’s stock after purchasing an additional 10,772 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 6.9% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 2nd biggest holding. Financial Management Professionals Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $46,726,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in SCHG. Envestnet Asset Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 25.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock worth $658,618,000 after purchasing an additional 1,617,687 shares during the period. Focus Financial Network Inc. ADV bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $121,792,000. Advance Capital Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 8,500.1% during the first quarter. Advance Capital Management Inc. now owns 492,871 shares of the company’s stock worth $45,699,000 after purchasing an additional 487,140 shares during the period. Burkett Financial Services LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $40,292,000. Finally, International Assets Investment Management LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 4,332.1% during the fourth quarter. International Assets Investment Management LLC now owns 483,493 shares of the company’s stock worth $40,111,000 after purchasing an additional 472,584 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.7 %

Shares of NYSEARCA SCHG opened at $100.85 on Friday. The firm has a market cap of $29.50 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $69.78 and a 1-year high of $102.54. The business’s 50 day moving average is $95.46 and its 200-day moving average is $90.57.

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.