Schwab US Large-Cap ETF (NYSEARCA:SCHX) Reaches New 12-Month High – Here’s Why

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

Schwab US Large-Cap ETF Trading Up 0.4 %

The firm has a 50-day moving average of $23.04 and a two-hundred day moving average of $22.05. The firm has a market capitalization of $15.63 billion, a PE ratio of 26.53 and a beta of 1.02.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Concourse Financial Group Securities Inc. grew its stake in shares of Schwab US Large-Cap ETF by 224.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after buying an additional 258 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in shares of Schwab US Large-Cap ETF in the second quarter valued at $28,000. Iron Horse Wealth Management LLC acquired a new stake in Schwab US Large-Cap ETF during the 2nd quarter valued at $33,000. City State Bank purchased a new stake in Schwab US Large-Cap ETF during the 3rd quarter worth $42,000. Finally, Marquette Asset Management LLC acquired a new position in Schwab US Large-Cap ETF in the 3rd quarter worth $43,000.

Schwab US Large-Cap ETF Company Profile

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.