Friday Financial Buys 126,739 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Friday Financial lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 20.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 756,729 shares of the company’s stock after purchasing an additional 126,739 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 6.9% of Friday Financial’s portfolio, making the stock its 2nd biggest position. Friday Financial’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $25,963,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Valpey Financial Services LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 3,085.3% in the 4th quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after buying an additional 7,752,527 shares during the last quarter. Focus Partners Wealth raised its position in Schwab U.S. Large-Cap Growth ETF by 655.4% during the 4th quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock worth $215,286,000 after buying an additional 5,728,214 shares during the last quarter. RMG Wealth Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 228,621.0% during the 1st quarter. RMG Wealth Management LLC now owns 5,413,826 shares of the company’s stock worth $157,705,000 after buying an additional 5,411,459 shares during the last quarter. Sei Investments Co. raised its position in Schwab U.S. Large-Cap Growth ETF by 7.6% during the 1st quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock worth $1,385,562,000 after buying an additional 3,356,829 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after acquiring an additional 3,230,427 shares during the period.

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

Shares of NYSEARCA:SCHG opened at $35.78 on Monday. The company has a market cap of $62.78 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The firm’s 50-day simple moving average is $34.09 and its 200-day simple moving average is $32.50. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.91.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.