Arsenal Capital Advisors LLC Invests $4.98 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Arsenal Capital Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 152,642 shares of the company’s stock, valued at approximately $4,979,000. Schwab U.S. Large-Cap Growth ETF comprises 3.5% of Arsenal Capital Advisors LLC’s investment portfolio, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. FLC Capital Advisors raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.1% in the fourth quarter. FLC Capital Advisors now owns 1,095,746 shares of the company’s stock worth $35,743,000 after purchasing an additional 22,893 shares during the last quarter. Flagship Wealth Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 39.4% in the fourth quarter. Flagship Wealth Advisors LLC now owns 284,074 shares of the company’s stock worth $9,266,000 after purchasing an additional 80,347 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 384.1% in the fourth quarter. Parallel Advisors LLC now owns 95,181 shares of the company’s stock worth $3,105,000 after purchasing an additional 75,520 shares during the last quarter. Victrix Investment Advisors purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at approximately $355,000. Finally, J.W. Cole Advisors Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 15.1% during the fourth quarter. J.W. Cole Advisors Inc. now owns 488,208 shares of the company’s stock valued at $15,925,000 after acquiring an additional 64,102 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 3.0%

Shares of SCHG opened at $33.75 on Friday. The company has a market capitalization of $57.05 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The stock has a 50 day moving average of $32.63 and a 200 day moving average of $32.05. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.68 and a 12 month high of $35.42.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.