Petra Financial Advisors Inc. Raises Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Petra Financial Advisors Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 261.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 67,005 shares of the company’s stock after buying an additional 48,491 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 1.3% of Petra Financial Advisors Inc.’s investment portfolio, making the stock its 19th biggest holding. Petra Financial Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,867,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $56,000. Tidemark LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 119.8% during the third quarter. Tidemark LLC now owns 734 shares of the company’s stock worth $76,000 after acquiring an additional 400 shares during the last quarter. Valley Wealth Managers Inc. increased its stake in 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 acquiring an additional 678 shares during the last quarter. HM Payson & Co. increased its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after acquiring an additional 708 shares during the last quarter. Finally, Fairfield Financial Advisors LTD increased its stake in Schwab U.S. Large-Cap Growth ETF by 299.6% during the fourth quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock worth $28,000 after acquiring an additional 743 shares during the last quarter.

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

Shares of NYSEARCA:SCHG opened at $25.65 on Tuesday. The firm has a market capitalization of $35.40 billion, a PE ratio of 31.74 and a beta of 1.13. The business has a 50-day moving average of $27.75 and a two-hundred day moving average of $27.21. 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 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.