Concurrent Investment Advisors LLC Purchases 715,351 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Concurrent Investment Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 315.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 942,458 shares of the company’s stock after buying an additional 715,351 shares during the period. Concurrent Investment Advisors LLC owned about 0.06% of Schwab U.S. Large-Cap Growth ETF worth $27,529,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Y.D. More Investments Ltd lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% in the first quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock worth $36,000 after buying an additional 548 shares in the last quarter. Luminist Capital LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth approximately $38,000. GAMMA Investing LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2,404.4% in the first quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock worth $43,000 after buying an additional 1,635 shares in the last quarter. MTM Investment Management LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth approximately $45,000. Finally, Mogy Joel R Investment Counsel Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter valued at approximately $55,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 3.4%

SCHG opened at $31.41 on Friday. The firm has a 50 day moving average price of $31.12 and a 200-day moving average price of $28.53. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $32.63. The stock has a market capitalization of $50.12 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

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.