Entelevest LLC Invests $8.42 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Entelevest LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 257,931 shares of the company’s stock, valued at approximately $8,415,000. Schwab U.S. Large-Cap Growth ETF makes up 8.4% of Entelevest LLC’s investment portfolio, making the stock its largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHG. Valpey Financial Services LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the 4th quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock worth $245,365,000 after purchasing an additional 7,752,527 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock worth $101,473,000 after purchasing an additional 3,071,625 shares in the last quarter. BlueStem Wealth Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $92,090,000. LPL Financial LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock worth $1,114,516,000 after purchasing an additional 2,464,714 shares in the last quarter. Finally, Koshinski Asset Management Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $68,706,000.

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

SCHG opened at $32.87 on Thursday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.68 and a fifty-two week high of $35.42. The business has a 50-day moving average of $32.93 and a 200-day moving average of $32.09. The company has a market capitalization of $55.56 billion, a PE ratio of 34.24 and a beta of 1.19.

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. 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.