Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sets New 52-Week High – What’s Next?

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) shares hit a new 52-week high on Monday . The stock traded as high as $36.16 and last traded at $36.1350, with a volume of 3491546 shares trading hands. The stock had previously closed at $35.43.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.1%

The business’s 50 day moving average is $35.07 and its 200 day moving average is $33.45. The stock has a market capitalization of $67.50 billion, a PE ratio of 34.24 and a beta of 1.19.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Sei Investments Co. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% during the first quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock valued at $1,385,562,000 after purchasing an additional 3,356,829 shares during the period. LPL Financial LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after buying an additional 2,464,714 shares in the last quarter. Mariner LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 12.5% during the 4th quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock valued at $654,968,000 after buying an additional 2,229,203 shares in the last quarter. Cetera Investment Advisers boosted its position in Schwab U.S. Large-Cap Growth ETF by 5.9% in the 1st quarter. Cetera Investment Advisers now owns 17,955,640 shares of the company’s stock valued at $523,048,000 after buying an additional 995,373 shares during the period. Finally, Avantax Planning Partners Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 0.9% in the 1st quarter. Avantax Planning Partners Inc. now owns 15,031,527 shares of the company’s stock worth $437,868,000 after acquiring an additional 140,994 shares in the last quarter.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.