Powers Advisory Group LLC Acquires 28,532 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Powers Advisory Group LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 9.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 327,345 shares of the company’s stock after purchasing an additional 28,532 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up about 4.2% of Powers Advisory Group LLC’s investment portfolio, making the stock its 6th largest position. Powers Advisory Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $9,562,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Y.D. More Investments Ltd raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% during the first quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock valued at $36,000 after purchasing an additional 548 shares during the period. Luminist Capital LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter valued at approximately $38,000. GAMMA Investing LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2,404.4% during the first quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock valued at $43,000 after purchasing an additional 1,635 shares during the period. MTM Investment Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter valued at approximately $45,000. Finally, Copia Wealth Management purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter valued at approximately $48,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.4%

SCHG opened at $31.91 on Wednesday. The firm has a market capitalization of $48.94 billion, a P/E ratio of 34.24 and a beta of 1.10. The firm’s 50 day moving average is $30.79 and its 200-day moving average is $28.18. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $32.22.

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.