Marshall Wace LLP Cuts Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Marshall Wace LLP cut its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 80.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,277 shares of the company’s stock after selling 289,253 shares during the period. Marshall Wace LLP’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,288,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Steward Partners Investment Advisory LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 6.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,070 shares of the company’s stock valued at $1,084,000 after acquiring an additional 762 shares during the last quarter. Able Wealth Management LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth $50,000. Rollins Financial increased its holdings in Schwab U.S. Large-Cap Growth ETF by 37.1% in the 4th quarter. Rollins Financial now owns 316,406 shares of the company’s stock worth $26,249,000 after acquiring an additional 85,602 shares during the last quarter. SteelPeak Wealth LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at about $211,000. Finally, Accel Wealth Management purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the first quarter valued at about $269,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.5 %

SCHG opened at $104.18 on Tuesday. The firm has a 50-day moving average price of $99.85 and a 200-day moving average price of $97.14. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $69.78 and a twelve month high of $105.74. The company has a market capitalization of $30.47 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.