Ameritas Advisory Services LLC Raises Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Ameritas Advisory Services LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 368.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 262,178 shares of the company’s stock after acquiring an additional 206,216 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $8,552,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flagship Wealth Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 50.5% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 203,727 shares of the company’s stock worth $6,501,000 after buying an additional 68,389 shares in the last quarter. D.B. Root & Company LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 10.9% during the 3rd quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock worth $7,776,000 after buying an additional 23,865 shares in the last quarter. Fortis Capital Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 1.8% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,016,583 shares of the company’s stock worth $32,439,000 after buying an additional 17,522 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 44.1% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 108,307 shares of the company’s stock worth $3,456,000 after buying an additional 33,155 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth about $635,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.2%

Shares of NYSEARCA SCHG opened at $34.07 on Wednesday. The firm’s 50-day simple moving average is $31.10 and its 200 day simple moving average is $31.84. The company has a market cap of $57.59 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $26.80 and a 12-month high of $34.26.

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.