Schwab US Large-Cap ETF (NYSEARCA:SCHX) Hits New 52-Week High – What’s Next?

Schwab US Large-Cap ETF (NYSEARCA:SCHXGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $30.66 and last traded at $30.66, with a volume of 338144 shares trading hands. The stock had previously closed at $30.51.

Schwab US Large-Cap ETF Stock Performance

The business’s 50 day moving average price is $29.48 and its 200-day moving average price is $28.17. The firm has a market capitalization of $75.02 billion, a PE ratio of 25.66 and a beta of 1.00.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in Schwab US Large-Cap ETF by 198.5% during the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after acquiring an additional 140,539 shares during the period. Russell Investments Group Ltd. increased its stake in Schwab US Large-Cap ETF by 33.3% during the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after purchasing an additional 15,522 shares during the period. First Trust Advisors LP purchased a new stake in Schwab US Large-Cap ETF during the second quarter worth about $633,000. Baird Financial Group Inc. lifted its position in shares of Schwab US Large-Cap ETF by 25.1% during the second quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after purchasing an additional 7,045 shares in the last quarter. Finally, Ieq Capital LLC lifted its position in shares of Schwab US Large-Cap ETF by 9.1% during the second quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after purchasing an additional 20,758 shares in the last quarter.

Schwab US Large-Cap ETF Company Profile

(Get Free Report)

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.

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