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

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) reached a new 52-week high on Monday . The company traded as high as $24.00 and last traded at $24.00, with a volume of 3347 shares traded. The stock had previously closed at $23.89.

Schwab US Large-Cap ETF Stock Up 0.4 %

The firm has a market cap of $15.63 billion, a P/E ratio of 26.53 and a beta of 1.02. The business’s 50 day moving average is $23.04 and its 200-day moving average is $22.05.

Institutional Trading of Schwab US Large-Cap ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. US Bancorp DE raised its stake in Schwab US Large-Cap ETF by 43.8% during the third quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after acquiring an additional 6,275,290 shares during the period. HBK Sorce Advisory LLC raised its position in shares of Schwab US Large-Cap ETF by 0.7% during the 2nd quarter. HBK Sorce Advisory LLC now owns 10,593,466 shares of the company’s stock worth $680,640,000 after purchasing an additional 68,856 shares during the period. Sage Financial Group Inc. lifted its holdings in shares of Schwab US Large-Cap ETF by 2.5% in the 2nd quarter. Sage Financial Group Inc. now owns 8,378,315 shares of the company’s stock worth $538,307,000 after purchasing an additional 208,308 shares during the last quarter. Cerity Partners LLC boosted its position in Schwab US Large-Cap ETF by 10.1% during the 3rd quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock valued at $421,885,000 after purchasing an additional 567,858 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Schwab US Large-Cap ETF by 13.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,898,131 shares of the company’s stock worth $379,043,000 after buying an additional 709,943 shares during the last quarter.

About Schwab US Large-Cap ETF

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.