Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 1-Year High – What’s Next?

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $29.14 and last traded at $29.04, with a volume of 999417 shares. The stock had previously closed at $29.02.

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

The company’s fifty day simple moving average is $28.14 and its 200-day simple moving average is $26.50. The firm has a market capitalization of $8.48 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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Koshinski Asset Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 324,108.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock worth $43,583,658,000 after buying an additional 1,563,337,456 shares during the period. Thrive Wealth Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Thrive Wealth Management LLC now owns 5,128,931 shares of the company’s stock worth $142,943,000 after buying an additional 3,848,061 shares during the period. Marquette Asset Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 310.6% during the fourth quarter. Marquette Asset Management LLC now owns 4,028,428 shares of the company’s stock worth $112,272,000 after buying an additional 3,047,202 shares during the period. Financial Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 284.9% during the fourth quarter. Financial Advisors LLC now owns 3,187,865 shares of the company’s stock worth $88,846,000 after buying an additional 2,359,538 shares during the period. Finally, Krilogy Financial LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 283.0% during the fourth quarter. Krilogy Financial LLC now owns 2,821,392 shares of the company’s stock worth $78,632,000 after buying an additional 2,084,657 shares during the period.

Schwab U.S. Large-Cap Growth ETF Company Profile

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.