MinichMacGregor Wealth Management LLC Has $36.60 Million Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

MinichMacGregor Wealth Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 291.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,313,142 shares of the company’s stock after purchasing an additional 977,440 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 7.6% of MinichMacGregor Wealth Management LLC’s holdings, making the stock its biggest holding. MinichMacGregor Wealth Management LLC owned approximately 0.45% of Schwab U.S. Large-Cap Growth ETF worth $36,597,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of SCHG. Renaissance Technologies LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 92.5% in the 2nd quarter. Renaissance Technologies LLC now owns 12,900 shares of the company’s stock valued at $1,301,000 after purchasing an additional 6,200 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.3% during the 2nd quarter. Evergreen Capital Management LLC now owns 3,964 shares of the company’s stock worth $400,000 after buying an additional 126 shares during the last quarter. Bank of Montreal Can boosted its stake in Schwab U.S. Large-Cap Growth ETF by 7.5% in the second quarter. Bank of Montreal Can now owns 9,176 shares of the company’s stock valued at $929,000 after buying an additional 639 shares in the last quarter. Clear Point Advisors Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 1.4% in the second quarter. Clear Point Advisors Inc. now owns 103,668 shares of the company’s stock valued at $10,454,000 after acquiring an additional 1,442 shares during the last quarter. Finally, Wescott Financial Advisory Group LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 3.1% during the second quarter. Wescott Financial Advisory Group LLC now owns 6,917 shares of the company’s stock worth $698,000 after acquiring an additional 211 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.4 %

SCHG stock opened at $28.88 on Thursday. The firm has a 50-day moving average price of $28.11 and a 200-day moving average price of $26.48. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.27 and a 12 month high of $29.14. The stock has a market capitalization of $8.45 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.