Murphy Middleton Hinkle & Parker Inc. Increases Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Murphy Middleton Hinkle & Parker Inc. grew its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 361.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 271,640 shares of the company’s stock after buying an additional 212,711 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 4.3% of Murphy Middleton Hinkle & Parker Inc.’s investment portfolio, making the stock its largest holding. Murphy Middleton Hinkle & Parker Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,571,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. increased its position in Schwab U.S. Large-Cap Growth ETF by 7.5% in the third quarter. Mather Group LLC. now owns 9,764,967 shares of the company’s stock worth $1,017,314,000 after purchasing an additional 684,827 shares during the period. Sei Investments Co. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 5.0% in the 3rd quarter. Sei Investments Co. now owns 9,556,995 shares of the company’s stock valued at $995,648,000 after purchasing an additional 452,814 shares during the last quarter. LPL Financial LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 12.2% during the 3rd quarter. LPL Financial LLC now owns 4,293,248 shares of the company’s stock worth $447,271,000 after buying an additional 465,306 shares during the period. Marquette Asset Management LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 310.6% during the fourth quarter. Marquette Asset Management LLC now owns 4,028,428 shares of the company’s stock worth $112,272,000 after buying an additional 3,047,202 shares during the last quarter. Finally, Financial Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 284.9% during the fourth quarter. Financial Advisors LLC now owns 3,187,865 shares of the company’s stock worth $88,846,000 after buying an additional 2,359,538 shares during the last quarter.

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

Shares of SCHG stock opened at $28.29 on Friday. The firm’s 50 day moving average price is $28.09 and its two-hundred day moving average price is $26.45. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $20.85 and a 52-week high of $29.14. The stock has a market cap of $8.27 billion, a PE ratio of 39.82 and a beta of 1.25.

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.