Ring Mountain Capital LLC Acquires Shares of 313,169 Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Ring Mountain Capital LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, Holdings Channel.com reports. The fund acquired 313,169 shares of the company’s stock, valued at approximately $8,728,000. Schwab U.S. Large-Cap Growth ETF accounts for about 5.8% of Ring Mountain Capital LLC’s portfolio, making the stock its 5th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Hantz Financial Services Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at about $56,000. Tidemark LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 119.8% during the 3rd quarter. Tidemark LLC now owns 734 shares of the company’s stock valued at $76,000 after buying an additional 400 shares in the last quarter. Valley Wealth Managers Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after buying an additional 678 shares in the last quarter. Providence Capital Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth about $105,000. Finally, Versant Capital Management Inc raised its position in Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after purchasing an additional 763 shares during the period.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $26.59 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.68 and a 1-year high of $29.14. The firm has a market capitalization of $36.69 billion, a P/E ratio of 36.44 and a beta of 1.11. The company’s 50-day moving average is $28.28 and its 200 day moving average is $27.19.

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.