Davis Capital Management Buys 7,459 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Davis Capital Management raised its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 530.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,864 shares of the company’s stock after acquiring an additional 7,459 shares during the period. Davis Capital Management’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $247,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Versant Capital Management Inc increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after purchasing an additional 763 shares during the last quarter. Tsfg LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Tsfg LLC now owns 1,200 shares of the company’s stock valued at $33,000 after purchasing an additional 900 shares during the last quarter. Roble Belko & Company Inc increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Roble Belko & Company Inc now owns 1,356 shares of the company’s stock valued at $38,000 after purchasing an additional 1,017 shares during the last quarter. Founders Capital Management increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Founders Capital Management now owns 1,404 shares of the company’s stock valued at $39,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Hanseatic Management Services Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 307.1% in the 4th quarter. Hanseatic Management Services Inc. now owns 1,775 shares of the company’s stock worth $49,000 after acquiring an additional 1,339 shares in the last quarter.

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

Shares of SCHG opened at $28.47 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.27 and a 1 year high of $29.14. The company has a 50 day simple moving average of $28.10 and a two-hundred day simple moving average of $26.47. The firm has a market cap of $8.33 billion, a P/E ratio of 39.82 and a beta of 1.25.

Schwab U.S. Large-Cap Growth ETF 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.