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

Schwab US Large-Cap ETF (NYSEARCA:SCHXGet Free Report)’s stock price 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. The stock had previously closed at $24.19.

Schwab US Large-Cap ETF Stock Up 0.0 %

The firm has a market capitalization of $15.77 billion, a PE ratio of 26.53 and a beta of 1.02. The company’s 50-day simple moving average is $23.70 and its 200 day simple moving average is $22.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Concourse Financial Group Securities Inc. increased its stake in Schwab US Large-Cap ETF by 224.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after purchasing an additional 258 shares during the period. Cornerstone Planning Group LLC increased its stake in 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 worth $54,000 after purchasing an additional 528 shares during the period. McClarren Financial Advisors Inc. purchased a new stake in Schwab US Large-Cap ETF during the fourth quarter worth about $25,000. Prudent Man Investment Management Inc. purchased a new stake in Schwab US Large-Cap ETF during the fourth quarter worth about $26,000. Finally, Reston Wealth Management LLC purchased a new stake in Schwab US Large-Cap ETF during the third quarter worth about $85,000.

About Schwab US Large-Cap ETF

(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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