Schwab US Large-Cap ETF (NYSEARCA:SCHX) Reaches New 12-Month High – Should You Buy?

Schwab US Large-Cap ETF (NYSEARCA:SCHX)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $24.19 and last traded at $24.19, with a volume of 6568973 shares trading hands. The stock had previously closed at $24.07.

Schwab US Large-Cap ETF Stock Performance

The firm has a market capitalization of $15.73 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. The business’s 50-day moving average is $23.64 and its two-hundred day moving average is $22.71.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SCHX. Walker Financial Services Inc. boosted its holdings in shares of Schwab US Large-Cap ETF by 1.2% during the 3rd quarter. Walker Financial Services Inc. now owns 13,918 shares of the company’s stock worth $944,000 after buying an additional 159 shares during the period. Ignite Planners LLC raised its holdings in Schwab US Large-Cap ETF by 0.3% in the 3rd quarter. Ignite Planners LLC now owns 56,377 shares of the company’s stock valued at $3,825,000 after acquiring an additional 170 shares in the last quarter. Concourse Financial Group Securities Inc. raised its holdings in Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after acquiring an additional 258 shares in the last quarter. SMI Advisory Services LLC lifted its position in shares of Schwab US Large-Cap ETF by 11.8% during the 3rd quarter. SMI Advisory Services LLC now owns 4,470 shares of the company’s stock valued at $303,000 after acquiring an additional 473 shares during the period. Finally, Steigerwald Gordon & Koch Inc. increased its position in shares of Schwab US Large-Cap ETF by 15.7% in the third quarter. Steigerwald Gordon & Koch Inc. now owns 3,689 shares of the company’s stock worth $250,000 after purchasing an additional 500 shares during the period.

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.