Promus Capital LLC Makes New Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Promus Capital LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,008 shares of the company’s stock, valued at approximately $251,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHG. Valley Wealth Managers Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after purchasing an additional 678 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after purchasing an additional 763 shares in the last quarter. Human Investing LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $29,000. Tsfg LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Tsfg LLC now owns 1,200 shares of the company’s stock worth $33,000 after purchasing an additional 900 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. MeadowBrook Investment Advisors LLC now owns 1,244 shares of the company’s stock worth $35,000 after purchasing an additional 933 shares in the last quarter.

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

Shares of SCHG opened at $26.82 on Thursday. The stock’s 50-day moving average is $28.19 and its two-hundred day moving average is $27.19. The stock has a market cap of $37.01 billion, a PE ratio of 36.44 and a beta of 1.11. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.68 and a 12 month high of $29.14.

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.