Main Street Financial Solutions LLC Sells 238,692 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Main Street Financial Solutions LLC trimmed its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,661,436 shares of the company’s stock after selling 238,692 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 4.1% of Main Street Financial Solutions LLC’s portfolio, making the stock its 2nd largest holding. Main Street Financial Solutions LLC owned about 0.10% of Schwab U.S. Large-Cap Growth ETF worth $54,196,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cary Street Partners Investment Advisory LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after acquiring an additional 1,019 shares during the period. Manning & Napier Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $49,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $49,000. REAP Financial Group LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 70.8% during the fourth quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock worth $50,000 after buying an additional 630 shares during the period. Finally, Dorato Capital Management acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $58,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 1.5%

Shares of SCHG opened at $33.46 on Thursday. The firm’s 50-day moving average is $33.36 and its two-hundred day moving average is $32.14. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.68 and a twelve month high of $35.42. The firm has a market capitalization of $56.56 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.