Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sets New 12-Month High – Here’s What Happened

Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) hit a new 52-week high on Wednesday . The stock traded as high as $33.74 and last traded at $33.74, with a volume of 6758799 shares trading hands. The stock had previously closed at $33.22.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.8%

The firm has a market capitalization of $57.15 billion, a PE ratio of 34.24 and a beta of 1.19. The business’s fifty day moving average price is $30.85 and its 200 day moving average price is $31.79.

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

Several large investors have recently added to or reduced their stakes in SCHG. Flagship Wealth Advisors LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 50.5% during the third quarter. Flagship Wealth Advisors LLC now owns 203,727 shares of the company’s stock worth $6,501,000 after acquiring an additional 68,389 shares during the last quarter. D.B. Root & Company LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 10.9% during the third quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock worth $7,776,000 after acquiring an additional 23,865 shares during the last quarter. Fortis Capital Advisors LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 1.8% during the third quarter. Fortis Capital Advisors LLC now owns 1,016,583 shares of the company’s stock worth $32,439,000 after acquiring an additional 17,522 shares during the last quarter. Fingerlakes Wealth Management Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 11.9% during the third quarter. Fingerlakes Wealth Management Inc. now owns 218,248 shares of the company’s stock worth $6,964,000 after acquiring an additional 23,155 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 44.1% during the third quarter. B. Riley Wealth Advisors Inc. now owns 108,307 shares of the company’s stock worth $3,456,000 after acquiring an additional 33,155 shares during the last quarter.

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. 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.