Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Stake Lifted by Kovack Advisors Inc.

Kovack Advisors Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 283.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 476,646 shares of the company’s stock after acquiring an additional 352,333 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 1.3% of Kovack Advisors Inc.’s investment portfolio, making the stock its 10th largest position. Kovack Advisors Inc. owned 0.16% of Schwab U.S. Large-Cap Growth ETF worth $13,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Apriem Advisors raised its holdings in Schwab U.S. Large-Cap Growth ETF by 291.9% in the fourth quarter. Apriem Advisors now owns 39,346 shares of the company’s stock valued at $1,097,000 after buying an additional 29,307 shares during the period. Nwam LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 341.8% in the fourth quarter. Nwam LLC now owns 72,996 shares of the company’s stock valued at $2,034,000 after buying an additional 56,475 shares during the period. Brightwater Advisory LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 283.5% in the fourth quarter. Brightwater Advisory LLC now owns 8,721 shares of the company’s stock valued at $243,000 after buying an additional 6,447 shares during the period. Bryn Mawr Capital Management LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 166.7% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 8,004 shares of the company’s stock valued at $223,000 after buying an additional 5,003 shares during the period. Finally, Sabal Trust CO raised its holdings in Schwab U.S. Large-Cap Growth ETF by 242.0% in the fourth quarter. Sabal Trust CO now owns 30,644 shares of the company’s stock valued at $854,000 after buying an additional 21,683 shares during the period.

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

NYSEARCA SCHG opened at $27.50 on Thursday. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.68 and a one year high of $29.14. The company’s 50 day moving average price is $28.37 and its 200 day moving average price is $27.12. The firm has a market capitalization of $37.95 billion, a price-to-earnings ratio of 36.44 and a beta of 1.11.

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.