Claro Advisors LLC Has $6.77 Million Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Claro Advisors LLC trimmed its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 30.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 231,828 shares of the company’s stock after selling 100,029 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 1.1% of Claro Advisors LLC’s holdings, making the stock its 18th biggest holding. Claro Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $6,772,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. HRC Wealth Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 5.5% during the 2nd quarter. HRC Wealth Management LLC now owns 2,267,730 shares of the company’s stock worth $66,240,000 after acquiring an additional 118,980 shares during the period. Woodley Farra Manion Portfolio Management Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth about $222,000. PNC Financial Services Group Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 33.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 62,286 shares of the company’s stock worth $1,560,000 after acquiring an additional 15,461 shares in the last quarter. Pegasus Asset Management Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth about $223,000. Finally, Total Clarity Wealth Management Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth about $859,000.

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

Shares of SCHG stock opened at $32.92 on Wednesday. The company has a market cap of $52.42 billion, a P/E ratio of 34.24 and a beta of 1.15. The stock has a 50 day simple moving average of $31.88 and a two-hundred day simple moving average of $29.61. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74.

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.