Schwab International Equity ETF (NYSEARCA:SCHF) Reaches New 12-Month High – Time to Buy?

Schwab International Equity ETF (NYSEARCA:SCHF) shares hit a new 52-week high on Monday . The stock traded as high as $21.28 and last traded at $21.28, with a volume of 1696628 shares trading hands. The stock had previously closed at $21.19.

Schwab International Equity ETF Trading Up 0.8%

The company has a fifty day moving average price of $20.02 and a 200-day moving average price of $19.56. The firm has a market cap of $46.99 billion, a price-to-earnings ratio of 16.72 and a beta of 0.86.

Hedge Funds Weigh In On Schwab International Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Empower Advisory Group LLC grew its holdings in shares of Schwab International Equity ETF by 118.9% in the 4th quarter. Empower Advisory Group LLC now owns 181,089,569 shares of the company’s stock worth $3,350,157,000 after acquiring an additional 98,363,977 shares during the period. Financial Engines Advisors L.L.C. lifted its position in Schwab International Equity ETF by 112.5% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 172,381,339 shares of the company’s stock worth $3,189,055,000 after buying an additional 91,278,009 shares during the period. Brooklyn FI LLC boosted its position in shares of Schwab International Equity ETF by 12,912.1% in the fourth quarter. Brooklyn FI LLC now owns 24,174,645 shares of the company’s stock worth $447,231,000 after acquiring an additional 23,988,859 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Schwab International Equity ETF by 3.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 348,092,210 shares of the company’s stock valued at $6,885,264,000 after acquiring an additional 13,021,873 shares during the last quarter. Finally, Betterment LLC grew its stake in Schwab International Equity ETF by 96.5% during the fourth quarter. Betterment LLC now owns 24,550,119 shares of the company’s stock worth $454,177,000 after buying an additional 12,054,059 shares during the period.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S.