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

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $27.95 and last traded at $27.95, with a volume of 353350 shares changing hands. The stock had previously closed at $27.79.

Schwab U.S. Large-Cap Growth ETF Stock Performance

The stock’s 50-day moving average is $26.70 and its 200 day moving average is $25.52. The stock has a market capitalization of $8.18 billion, a PE ratio of 39.82 and a beta of 1.25.

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

A number of large investors have recently made changes to their positions in the stock. Hexagon Capital Partners LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at about $61,000. Forum Financial Management LP purchased a new position in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at about $310,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth about $587,000. Souders Financial Advisors raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.0% in the second quarter. Souders Financial Advisors now owns 187,575 shares of the company’s stock valued at $18,915,000 after buying an additional 7,203 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 8.8% in the second quarter. Fifth Third Bancorp now owns 1,855 shares of the company’s stock valued at $187,000 after buying an additional 150 shares during the last quarter.

About Schwab U.S. Large-Cap Growth ETF

(Get Free Report)

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.

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