Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) saw unusually-high trading volume on Monday . Approximately 7,360,345 shares changed hands during mid-day trading, an increase of 34% from the previous session’s volume of 5,502,764 shares.The stock last traded at $23.32 and had previously closed at $23.20.

Schwab US Large-Cap ETF Stock Performance

The company has a market cap of $15.19 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. The company’s 50 day moving average price is $22.72 and its 200-day moving average price is $21.83.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. US Bancorp DE lifted its holdings in Schwab US Large-Cap ETF by 43.8% in the 3rd quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after purchasing an additional 6,275,290 shares during the last quarter. HBK Sorce Advisory LLC grew its stake in Schwab US Large-Cap ETF by 0.7% in the 2nd quarter. HBK Sorce Advisory LLC now owns 10,593,466 shares of the company’s stock valued at $680,640,000 after buying an additional 68,856 shares during the last quarter. Sage Financial Group Inc. raised its holdings in Schwab US Large-Cap ETF by 2.5% in the 2nd quarter. Sage Financial Group Inc. now owns 8,378,315 shares of the company’s stock worth $538,307,000 after acquiring an additional 208,308 shares during the period. Cerity Partners LLC boosted its holdings in Schwab US Large-Cap ETF by 10.1% during the third quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock valued at $421,885,000 after acquiring an additional 567,858 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab US Large-Cap ETF by 13.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,898,131 shares of the company’s stock worth $379,043,000 after purchasing an additional 709,943 shares during the period.

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.