Summit Financial Strategies Inc. Buys 25,911 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Summit Financial Strategies Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 300.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,542 shares of the company’s stock after acquiring an additional 25,911 shares during the quarter. Summit Financial Strategies Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $963,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Koshinski Asset Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 324,108.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock valued at $43,583,658,000 after acquiring an additional 1,563,337,456 shares in the last quarter. Thrive Wealth Management LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Thrive Wealth Management LLC now owns 5,128,931 shares of the company’s stock valued at $142,943,000 after purchasing an additional 3,848,061 shares during the period. Marquette Asset Management LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 310.6% during the 4th quarter. Marquette Asset Management LLC now owns 4,028,428 shares of the company’s stock worth $112,272,000 after purchasing an additional 3,047,202 shares in the last quarter. Financial Advisors LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 284.9% during the fourth quarter. Financial Advisors LLC now owns 3,187,865 shares of the company’s stock worth $88,846,000 after purchasing an additional 2,359,538 shares during the period. Finally, Krilogy Financial LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 283.0% in the fourth quarter. Krilogy Financial LLC now owns 2,821,392 shares of the company’s stock valued at $78,632,000 after buying an additional 2,084,657 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.4 %

Shares of SCHG stock opened at $28.90 on Monday. The stock has a market cap of $8.45 billion, a P/E ratio of 39.82 and a beta of 1.25. The stock has a 50 day simple moving average of $28.21 and a 200 day simple moving average of $26.54. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.27 and a 1 year high of $29.14.

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.