International Assets Investment Management LLC Lowers Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

International Assets Investment Management LLC cut its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 97.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,465 shares of the company’s stock after selling 851,177 shares during the quarter. International Assets Investment Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $542,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.1% during the second quarter. Bank of New York Mellon Corp now owns 22,559 shares of the company’s stock valued at $2,275,000 after purchasing an additional 885 shares in the last quarter. Caprock Group LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth approximately $443,000. Oppenheimer & Co. Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 19.2% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 51,596 shares of the company’s stock worth $5,203,000 after acquiring an additional 8,301 shares in the last quarter. GHP Investment Advisors Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.3% during the 2nd quarter. GHP Investment Advisors Inc. now owns 363,898 shares of the company’s stock valued at $36,696,000 after acquiring an additional 1,038 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.1% in the second quarter. HBK Sorce Advisory LLC now owns 14,474 shares of the company’s stock valued at $1,460,000 after purchasing an additional 156 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.6 %

SCHG stock opened at $27.71 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $20.59 and a 52 week high of $29.14. The firm has a market capitalization of $8.11 billion, a P/E ratio of 39.82 and a beta of 1.25. The company has a fifty day simple moving average of $28.00 and a two-hundred day simple moving average of $26.35.

Schwab U.S. Large-Cap Growth ETF Company 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.