Traynor Capital Management Inc. Invests $264,000 in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Traynor Capital Management Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,850 shares of the company’s stock, valued at approximately $264,000.

Several other large investors have also recently modified their holdings of the stock. Baker Tilly Wealth Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $280,000. Apollon Wealth Management LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 50.6% in the fourth quarter. Apollon Wealth Management LLC now owns 291,849 shares of the company’s stock worth $24,212,000 after purchasing an additional 98,011 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 6.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,070 shares of the company’s stock worth $1,084,000 after purchasing an additional 762 shares during the last quarter. Mainsail Financial Group LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.5% in the fourth quarter. Mainsail Financial Group LLC now owns 71,396 shares of the company’s stock worth $5,935,000 after purchasing an additional 2,400 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 32,195 shares of the company’s stock worth $2,671,000 after purchasing an additional 727 shares during the last quarter.

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

NYSEARCA SCHG opened at $99.55 on Tuesday. The stock has a market capitalization of $29.12 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $69.78 and a 1 year high of $102.03. The business’s 50-day moving average is $94.48 and its 200 day moving average is $90.13.

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.