Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sets New 1-Year High – Time to Buy?

Schwab US Large-Cap ETF (NYSEARCA:SCHX) shares reached a new 52-week high on Thursday . The company traded as high as $30.66 and last traded at $30.66, with a volume of 338144 shares. The stock had previously closed at $30.51.

Schwab US Large-Cap ETF Stock Up 0.8%

The stock has a market cap of $75.02 billion, a PE ratio of 25.66 and a beta of 1.00. The stock has a 50-day moving average of $29.48 and a 200 day moving average of $28.17.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC raised its position in Schwab US Large-Cap ETF by 3.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock valued at $964,213,000 after purchasing an additional 1,051,978 shares during the period. HBK Sorce Advisory LLC increased its position in shares of Schwab US Large-Cap ETF by 1.3% during the 4th quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock worth $939,212,000 after purchasing an additional 437,374 shares during the last quarter. Sei Investments Co. increased its position in shares of Schwab US Large-Cap ETF by 5.0% during the 1st quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock worth $834,033,000 after purchasing an additional 1,554,760 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Schwab US Large-Cap ETF by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock valued at $833,806,000 after buying an additional 1,546,669 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Schwab US Large-Cap ETF by 5.6% in the 4th quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock valued at $525,350,000 after buying an additional 1,039,540 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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.