Oppenheimer Asset Management Inc. Boosts Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Oppenheimer Asset Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 104.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,767 shares of the company’s stock after purchasing an additional 2,945 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $582,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rollins Financial increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 37.1% during the fourth quarter. Rollins Financial now owns 316,406 shares of the company’s stock worth $26,249,000 after purchasing an additional 85,602 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 2.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,716 shares of the company’s stock worth $1,138,000 after buying an additional 328 shares during the period. UBS Group AG lifted its stake in Schwab U.S. Large-Cap Growth ETF by 0.6% in the fourth quarter. UBS Group AG now owns 475,358 shares of the company’s stock valued at $39,436,000 after buying an additional 2,816 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 21.7% in the fourth quarter. Wells Fargo & Company MN now owns 550,930 shares of the company’s stock valued at $45,705,000 after acquiring an additional 98,172 shares during the period. Finally, Corient Private Wealth LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 88.9% during the fourth quarter. Corient Private Wealth LLC now owns 55,133 shares of the company’s stock worth $4,574,000 after acquiring an additional 25,949 shares during the last quarter.

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

SCHG stock opened at $103.34 on Friday. The company has a market cap of $30.23 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The company has a fifty day moving average price of $99.71 and a 200 day moving average price of $96.62. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $69.78 and a 12 month high of $105.74.

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.