Prime Capital Investment Advisors LLC Cuts Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Prime Capital Investment Advisors LLC cut its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 1,540,446 shares of the company’s stock after selling 64,362 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $50,249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after purchasing an additional 6,651,144 shares during the last quarter. Sei Investments Co. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after purchasing an additional 4,524,057 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 6.7% in the second quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after acquiring an additional 1,175,660 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 8.2% in the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock valued at $533,385,000 after acquiring an additional 1,261,913 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at about $511,489,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 2.4%

SCHG opened at $30.35 on Thursday. The stock has a market cap of $50.49 billion, a price-to-earnings ratio of 34.24 and a beta of 1.17. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $22.24 and a twelve month high of $33.74. The company’s 50-day moving average price is $30.39 and its two-hundred day moving average price is $31.74.

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.