Migdal Insurance & Financial Holdings Ltd. Sells 158,391 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Migdal Insurance & Financial Holdings Ltd. reduced its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 77.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,769 shares of the company’s stock after selling 158,391 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,492,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after purchasing an additional 28,455,790 shares during the period. Envestnet Asset Management Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 14.5% during the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after acquiring an additional 6,979,991 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth about $142,573,000. Sei Investments Co. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% in the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after acquiring an additional 4,524,057 shares in the last quarter. Finally, Mather Group LLC. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% in the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock valued at $1,235,203,000 after purchasing an additional 1,836,380 shares during the period.

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

Shares of SCHG stock opened at $31.59 on Wednesday. The company has a market cap of $51.70 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The stock has a 50 day simple moving average of $32.55 and a two-hundred day simple moving average of $31.67.

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.