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

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHXGet Free Report) reached a new 52-week high on Friday . The company traded as high as $24.23 and last traded at $24.21, with a volume of 493781 shares traded. The stock had previously closed at $24.19.

Schwab US Large-Cap ETF Price Performance

The stock’s 50 day moving average is $23.70 and its two-hundred day moving average is $22.92. The stock has a market capitalization of $15.77 billion, a PE ratio of 26.53 and a beta of 1.02.

Institutional Trading of Schwab US Large-Cap ETF

A number of large investors have recently made changes to their positions in the company. Concourse Financial Group Securities Inc. increased its stake in 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 purchasing an additional 258 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $25,000. Prudent Man Investment Management Inc. purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $26,000. Versant Capital Management Inc increased its stake in Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after purchasing an additional 842 shares during the last quarter. Finally, IFS Advisors LLC purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $30,000.

Schwab US Large-Cap ETF Company Profile

(Get Free Report)

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.

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