Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) is Focus Financial Network Inc.’s 2nd Largest Position

Focus Financial Network Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 303.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,609,367 shares of the company’s stock after buying an additional 3,467,433 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises about 5.1% of Focus Financial Network Inc.’s portfolio, making the stock its 2nd largest holding. Focus Financial Network Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $128,463,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth about $56,000. Tidemark LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 119.8% during the third quarter. Tidemark LLC now owns 734 shares of the company’s stock worth $76,000 after purchasing an additional 400 shares during the last quarter. Providence Capital Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at approximately $105,000. Versant Capital Management Inc increased its stake in 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 during the last quarter. Finally, Kennebec Savings Bank acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $112,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.9 %

Shares of NYSEARCA:SCHG opened at $28.68 on Tuesday. The firm has a 50 day simple moving average of $28.40 and a 200-day simple moving average of $26.75. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.68 and a twelve month high of $29.14. The company has a market capitalization of $8.39 billion, a PE ratio of 39.82 and a beta of 1.25.

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.