Clark Capital Management Group Inc. Sells 266,829 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Clark Capital Management Group Inc. trimmed its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 4,359,851 shares of the company’s stock after selling 266,829 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 0.9% of Clark Capital Management Group Inc.’s portfolio, making the stock its 19th biggest position. Clark Capital Management Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $139,123,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Crews Bank & Trust bought a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at approximately $25,000. Westfuller Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $26,000. REAP Financial Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $28,000. Bessemer Group Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $31,000. Finally, Howe & Rusling Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 37.7% in the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after purchasing an additional 332 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.1%

NYSEARCA:SCHG opened at $29.91 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74. The stock’s fifty day simple moving average is $31.48 and its 200-day simple moving average is $31.95. The firm has a market capitalization of $48.96 billion, a P/E ratio of 34.24 and a beta of 1.15.

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. 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.