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

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $35.43 and last traded at $35.41, with a volume of 4326204 shares traded. The stock had previously closed at $34.86.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.9%

The stock has a 50 day moving average of $34.03 and a 200 day moving average of $32.41. The firm has a market cap of $62.32 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Garton & Associates Financial Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $27,000. Advisortrust Partners LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth $25,000. Center for Financial Planning Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth $28,000. Cary Street Partners Investment Advisory LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after buying an additional 1,019 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $49,000.

Schwab U.S. Large-Cap Growth ETF Company Profile

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.