Mercer Global Advisors Inc. ADV Trims Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Mercer Global Advisors Inc. ADV lowered its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 0.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 233,435 shares of the company’s stock after selling 1,549 shares during the period. Mercer Global Advisors Inc. ADV owned 0.08% of Schwab U.S. Large-Cap Growth ETF worth $23,540,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHG. Fairfield Financial Advisors LTD acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter worth about $25,000. Tidemark LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $28,000. MTM Investment Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at approximately $32,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $35,000. Finally, Pineridge Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 45.7% during the first quarter. Pineridge Advisors LLC now owns 386 shares of the company’s stock worth $36,000 after purchasing an additional 121 shares during the last quarter.

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

Shares of NYSEARCA SCHG opened at $101.14 on Thursday. The stock has a fifty day moving average price of $99.73 and a 200 day moving average price of $96.49. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $69.78 and a 1-year high of $105.74. The company has a market cap of $29.58 billion, a PE ratio of 39.82 and a beta of 1.25.

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.