Acorn Wealth Advisors LLC Has $2.15 Million Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Acorn Wealth Advisors LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 464.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,296 shares of the company’s stock after purchasing an additional 63,591 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 0.9% of Acorn Wealth Advisors LLC’s holdings, making the stock its 29th largest holding. Acorn Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,154,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHG. Hantz Financial Services Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at approximately $56,000. Tidemark LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 119.8% in the 3rd quarter. Tidemark LLC now owns 734 shares of the company’s stock valued at $76,000 after acquiring an additional 400 shares in the last quarter. Valley Wealth Managers Inc. lifted 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 acquiring an additional 678 shares during the period. Providence Capital Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $105,000. Finally, Versant Capital Management Inc increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% in the fourth 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 Stock Down 1.1 %

SCHG stock opened at $27.70 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.68 and a 52 week high of $29.14. The business has a 50-day simple moving average of $28.44 and a 200 day simple moving average of $27.07. The company has a market cap of $38.23 billion, a PE ratio of 36.44 and a beta of 1.11.

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.