Valeo Financial Advisors LLC Raises Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Valeo Financial Advisors LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.1% in the first quarter, Holdings Channel.com reports. The firm owned 11,674 shares of the company’s stock after purchasing an additional 770 shares during the period. Valeo Financial Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,082,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sei Investments Co. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.9% during the 4th quarter. Sei Investments Co. now owns 9,004,383 shares of the company’s stock valued at $747,003,000 after acquiring an additional 341,684 shares during the period. Envestnet Asset Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 25.6% in the 4th 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. Raymond James Financial Services Advisors Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 3.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 3,222,090 shares of the company’s stock worth $267,305,000 after purchasing an additional 118,673 shares during the period. Ameriprise Financial Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.1% during the third quarter. Ameriprise Financial Inc. now owns 2,226,607 shares of the company’s stock worth $161,531,000 after acquiring an additional 67,750 shares during the period. Finally, Angeles Investment Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the fourth quarter. Angeles Investment Advisors LLC now owns 1,803,200 shares of the company’s stock worth $149,593,000 after acquiring an additional 41,000 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.7 %

Shares of NYSEARCA SCHG traded up $0.71 during midday trading on Wednesday, reaching $103.23. 743,684 shares of the company’s stock traded hands, compared to its average volume of 1,398,869. The stock’s 50 day simple moving average is $95.99 and its 200-day simple moving average is $90.98. Schwab U.S. Large-Cap Growth ETF has a one year low of $69.78 and a one year high of $103.33. The company has a market cap of $30.19 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.