GPM Growth Investors Inc. Acquires 347,158 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

GPM Growth Investors Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 302.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 461,909 shares of the company’s stock after buying an additional 347,158 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises about 5.4% of GPM Growth Investors Inc.’s portfolio, making the stock its 3rd biggest position. GPM Growth Investors Inc. owned 0.16% of Schwab U.S. Large-Cap Growth ETF worth $12,873,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Carnegie Investment Counsel raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% during the 4th quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock worth $448,000 after buying an additional 11,980 shares during the last quarter. HighMark Wealth Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 300.2% in the 4th quarter. HighMark Wealth Management LLC now owns 2,045 shares of the company’s stock valued at $57,000 after buying an additional 1,534 shares during the period. Jones Financial Companies Lllp grew its holdings in Schwab U.S. Large-Cap Growth ETF by 758.6% in the 4th quarter. Jones Financial Companies Lllp now owns 301,293 shares of the company’s stock valued at $8,397,000 after buying an additional 266,200 shares during the period. Summit Wealth & Retirement Planning Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 292.7% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock valued at $42,711,000 after purchasing an additional 1,142,247 shares in the last quarter. Finally, Burney Co. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 117.9% in the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after purchasing an additional 6,313 shares in the last quarter.

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

NYSEARCA SCHG opened at $26.82 on Thursday. The business’s 50-day simple moving average is $28.19 and its 200-day simple moving average is $27.19. The firm has a market capitalization of $37.01 billion, a P/E ratio of 36.44 and a beta of 1.11. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.68 and a 1-year 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.