Focus Financial Network Inc. Has $147.58 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Focus Financial Network Inc. lowered its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,361,225 shares of the company’s stock after selling 370,301 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 4.6% of Focus Financial Network Inc.’s portfolio, making the stock its 2nd biggest holding. Focus Financial Network Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $147,584,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Advisortrust Partners LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the first quarter worth $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at $27,000. Center for Financial Planning Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter valued at $28,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares during the period. Finally, MBM Wealth Consultants LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $48,000.

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

SCHG stock opened at $35.78 on Monday. The company has a market capitalization of $62.78 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.91. The firm’s 50-day moving average is $34.09 and its 200 day moving average is $32.50.

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. 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.