Financial Management Professionals Inc. Has $51.14 Million Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Financial Management Professionals Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 305.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,834,971 shares of the company’s stock after buying an additional 1,382,225 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 6.5% of Financial Management Professionals Inc.’s portfolio, making the stock its 2nd largest position. Financial Management Professionals Inc. owned approximately 0.63% of Schwab U.S. Large-Cap Growth ETF worth $51,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Marquette Asset Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 310.6% in the fourth quarter. Marquette Asset Management LLC now owns 4,028,428 shares of the company’s stock worth $112,272,000 after purchasing an additional 3,047,202 shares during the period. Krilogy Financial LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 283.0% in the fourth quarter. Krilogy Financial LLC now owns 2,821,392 shares of the company’s stock worth $78,632,000 after purchasing an additional 2,084,657 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 296.1% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,217,000 shares of the company’s stock worth $61,788,000 after purchasing an additional 1,657,307 shares during the period. Accredited Investors Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 14,376.8% in the third quarter. Accredited Investors Inc. now owns 1,619,374 shares of the company’s stock worth $168,706,000 after purchasing an additional 1,608,188 shares during the period. Finally, Advance Capital Management Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 339.6% in the fourth quarter. Advance Capital Management Inc. now owns 1,755,024 shares of the company’s stock worth $48,913,000 after purchasing an additional 1,355,787 shares during the period.

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

Shares of SCHG opened at $28.29 on Friday. The stock has a market cap of $8.27 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $20.85 and a fifty-two week high of $29.14. The firm’s 50-day simple moving average is $28.09 and its two-hundred day simple moving average is $26.45.

About Schwab U.S. Large-Cap Growth ETF

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.