Long Island Wealth Management Inc. Has $4.83 Million Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Long Island Wealth Management Inc. lessened its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,858 shares of the company’s stock after selling 625 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 3.4% of Long Island Wealth Management Inc.’s holdings, making the stock its 6th largest holding. Long Island Wealth Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,826,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHG. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 25.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock valued at $658,618,000 after acquiring an additional 1,617,687 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 259.4% in the 1st quarter. Cetera Investment Advisers now owns 1,696,108 shares of the company’s stock worth $157,263,000 after buying an additional 1,224,220 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 7,976.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 577,662 shares of the company’s stock worth $58,251,000 after buying an additional 570,510 shares in the last quarter. Advance Capital Management Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 8,500.1% during the 1st quarter. Advance Capital Management Inc. now owns 492,871 shares of the company’s stock worth $45,699,000 after buying an additional 487,140 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 643.7% during the first quarter. Koshinski Asset Management Inc. now owns 490,730 shares of the company’s stock valued at $45,500,000 after buying an additional 424,746 shares during the period.

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

NYSEARCA:SCHG opened at $103.65 on Friday. The firm has a market cap of $30.32 billion, a PE ratio of 39.82 and a beta of 1.25. The company has a 50-day moving average of $99.79 and a 200 day moving average of $96.98. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $69.78 and a 1-year high of $105.74.

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.