Schwab US Large-Cap ETF (NYSEARCA:SCHX) Hits New 1-Year High – Should You Buy?

Schwab US Large-Cap ETF (NYSEARCA:SCHX)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $24.31 and last traded at $24.28, with a volume of 6806367 shares trading hands. The stock had previously closed at $24.26.

Schwab US Large-Cap ETF Price Performance

The stock has a market capitalization of $15.48 billion, a P/E ratio of 26.53 and a beta of 1.02. The company’s 50 day simple moving average is $23.72 and its two-hundred day simple moving average is $23.02.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

A number of large investors have recently bought and sold shares of SCHX. Cornerstone Planning Group LLC grew its stake in shares of Schwab US Large-Cap ETF by 200.8% during the third quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock valued at $54,000 after purchasing an additional 528 shares during the last quarter. McClarren Financial Advisors Inc. bought a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth $25,000. Prudent Man Investment Management Inc. bought a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth $26,000. Reston Wealth Management LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at $85,000. Finally, Versant Capital Management Inc boosted its holdings 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 acquiring an additional 842 shares during the last quarter.

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.