Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sets New 1-Year High – Still a Buy?

Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) reached a new 52-week high on Thursday . The stock traded as high as $34.74 and last traded at $34.68, with a volume of 1108955 shares trading hands. The stock had previously closed at $34.57.

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

The firm has a fifty day moving average of $31.92 and a two-hundred day moving average of $31.94. The stock has a market capitalization of $58.94 billion, a P/E ratio of 34.24 and a beta of 1.19.

Institutional Trading of Schwab U.S. Large-Cap Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in SCHG. Garton & Associates Financial Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth $27,000. Advisortrust Partners LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth $25,000. REAP Financial Group LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $28,000. Center for Financial Planning Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth $28,000. Finally, Bessemer Group Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter worth about $31,000.

About Schwab U.S. Large-Cap Growth ETF

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.