Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) saw an uptick in trading volume on Wednesday . 10,568,737 shares were traded during mid-day trading, an increase of 65% from the previous session’s volume of 6,417,976 shares.The stock last traded at $25.30 and had previously closed at $25.08.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.2 %

The firm has a market capitalization of $35.03 billion, a P/E ratio of 36.44 and a beta of 1.11. The company has a 50 day simple moving average of $27.97 and a two-hundred day simple moving average of $27.21.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SCHG. Koshinski Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 324,108.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock worth $43,583,658,000 after purchasing an additional 1,563,337,456 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 288.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 42,485,323 shares of the company’s stock worth $1,184,066,000 after acquiring an additional 31,546,654 shares in the last quarter. Mather Group LLC. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 301.4% during the 4th quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock valued at $1,092,391,000 after buying an additional 29,430,979 shares during the period. Sei Investments Co. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 299.3% during the 4th quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock valued at $1,063,494,000 after buying an additional 28,602,115 shares during the period. Finally, Financial Engines Advisors L.L.C. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 253.7% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock valued at $1,108,907,000 after buying an additional 28,538,409 shares during the period.

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.