Integrated Wealth Concepts LLC Has $54.24 Million Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Integrated Wealth Concepts LLC lessened its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,602,761 shares of the company’s stock after selling 25,293 shares during the period. Integrated Wealth Concepts LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $54,237,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Advisortrust Partners LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $27,000. Center for Financial Planning Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the first quarter valued at approximately $28,000. Cary Street Partners Investment Advisory LLC grew its holdings in 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 valued at $35,000 after purchasing an additional 1,019 shares during the last quarter. Finally, NI Acquisitions Company LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter valued at approximately $35,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.8%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $35.25 on Wednesday. The firm has a fifty day simple moving average of $34.87 and a 200-day simple moving average of $33.13. The stock has a market capitalization of $61.85 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.96 and a 1-year high of $36.11.

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.