Persium Advisors LLC Buys Shares of 708,422 Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Persium Advisors LLC purchased 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 Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 708,422 shares of the company’s stock, valued at approximately $19,744,000. Schwab U.S. Large-Cap Growth ETF makes up approximately 19.5% of Persium Advisors LLC’s holdings, making the stock its 2nd biggest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Claro Advisors LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 196.5% during the fourth quarter. Claro Advisors LLC now owns 324,526 shares of the company’s stock valued at $9,045,000 after purchasing an additional 215,071 shares in the last quarter. Abound Wealth Management lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 302.8% during the fourth quarter. Abound Wealth Management now owns 33,206 shares of the company’s stock worth $925,000 after buying an additional 24,963 shares during the period. Forza Wealth Management LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Forza Wealth Management LLC now owns 7,896 shares of the company’s stock valued at $220,000 after acquiring an additional 5,922 shares in the last quarter. Kades & Cheifetz LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 299.3% during the 4th quarter. Kades & Cheifetz LLC now owns 86,798 shares of the company’s stock valued at $2,419,000 after acquiring an additional 65,060 shares in the last quarter. Finally, Accelerate Investment Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.2% in the 4th quarter. Accelerate Investment Advisors LLC now owns 22,442 shares of the company’s stock worth $625,000 after acquiring an additional 16,835 shares in the last quarter.

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

SCHG stock traded down $0.19 during trading on Monday, reaching $27.52. 7,691,096 shares of the company traded hands, compared to its average volume of 9,081,619. The company has a market capitalization of $8.05 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The business has a 50 day simple moving average of $28.00 and a 200 day simple moving average of $26.36. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $20.59 and a 12 month high of $29.14.

About Schwab U.S. Large-Cap Growth ETF

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.