Summit Asset Management LLC Cuts Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Summit Asset Management LLC lowered its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 320,537 shares of the company’s stock after selling 3,709 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 6.4% of Summit Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Summit Asset Management LLC owned about 0.12% of Schwab U.S. Large-Cap Growth ETF worth $26,592,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Lederer & Associates Investment Counsel CA boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.7% during the 4th quarter. Lederer & Associates Investment Counsel CA now owns 7,840 shares of the company’s stock worth $650,000 after purchasing an additional 129 shares in the last quarter. BKA Wealth Consulting Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.8% in the 4th quarter. BKA Wealth Consulting Inc. now owns 4,978 shares of the company’s stock worth $413,000 after acquiring an additional 135 shares during the last quarter. SignalPoint Asset Management LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.5% in the 4th quarter. SignalPoint Asset Management LLC now owns 9,418 shares of the company’s stock worth $781,000 after acquiring an additional 142 shares during the last quarter. Crescent Sterling Ltd. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 0.8% in the 4th quarter. Crescent Sterling Ltd. now owns 19,463 shares of the company’s stock worth $1,615,000 after acquiring an additional 145 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 4.3% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,044 shares of the company’s stock valued at $295,000 after buying an additional 168 shares during the last quarter.

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

NYSEARCA:SCHG traded up $0.51 on Thursday, hitting $89.25. The stock had a trading volume of 605,363 shares, compared to its average volume of 1,484,702. The stock has a market cap of $26.11 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $64.60 and a 1 year high of $93.84. The firm’s fifty day simple moving average is $91.21 and its two-hundred day simple moving average is $84.77.

About Schwab U.S. Large-Cap Growth ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

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