Rovin Capital UT ADV Raises Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Rovin Capital UT ADV raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 445.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 730,735 shares of the company’s stock after buying an additional 596,793 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for about 7.3% of Rovin Capital UT ADV’s portfolio, making the stock its biggest holding. Rovin Capital UT ADV’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $20,366,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SCHG. Copley Financial Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at about $278,000. Brass Tax Wealth Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 14.6% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock worth $4,449,000 after acquiring an additional 5,442 shares during the period. Sculati Wealth Management LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 82.2% during the 3rd quarter. Sculati Wealth Management LLC now owns 84,484 shares of the company’s stock worth $8,802,000 after purchasing an additional 38,110 shares in the last quarter. Denver PWM LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.3% during the third quarter. Denver PWM LLC now owns 228,950 shares of the company’s stock valued at $23,852,000 after purchasing an additional 672 shares during the period. Finally, Versant Capital Management Inc raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% in the fourth quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after purchasing an additional 763 shares in the last quarter.

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

SCHG opened at $28.18 on Thursday. The company has a market capitalization of $8.24 billion, a P/E ratio of 39.82 and a beta of 1.25. The firm’s fifty day moving average price is $28.08 and its two-hundred day moving average price is $26.41. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $20.59 and a fifty-two week high of $29.14.

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.