Advance Capital Management Inc. Increases Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Advance Capital Management Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 339.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,755,024 shares of the company’s stock after buying an additional 1,355,787 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for 2.2% of Advance Capital Management Inc.’s portfolio, making the stock its 6th largest position. Advance Capital Management Inc. owned approximately 0.60% of Schwab U.S. Large-Cap Growth ETF worth $48,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Copley Financial Group Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $278,000. Brass Tax Wealth Management Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 14.6% in the third quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock worth $4,449,000 after purchasing an additional 5,442 shares during the period. Sculati Wealth Management LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 82.2% in the third quarter. Sculati Wealth Management LLC now owns 84,484 shares of the company’s stock worth $8,802,000 after purchasing an additional 38,110 shares in the last quarter. Denver PWM LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 0.3% during the third quarter. Denver PWM LLC now owns 228,950 shares of the company’s stock valued at $23,852,000 after buying an additional 672 shares during the period. Finally, Souders Financial Advisors boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.0% during the 2nd quarter. Souders Financial Advisors now owns 187,575 shares of the company’s stock valued at $18,915,000 after buying an additional 7,203 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.2 %

Shares of NYSEARCA:SCHG traded up $0.35 during midday trading on Monday, reaching $28.67. The company’s stock had a trading volume of 8,432,663 shares, compared to its average volume of 9,048,332. The firm has a 50 day moving average of $27.83 and a 200-day moving average of $26.26. The firm has a market capitalization of $8.39 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $20.23 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.