Schwab US Large-Cap ETF (NYSEARCA:SCHX) Hits New 52-Week High – Here’s What Happened

Schwab US Large-Cap ETF (NYSEARCA:SCHX) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $27.54 and last traded at $27.54, with a volume of 6778618 shares trading hands. The stock had previously closed at $27.37.

Schwab US Large-Cap ETF Stock Up 0.6%

The stock has a market cap of $66.11 billion, a P/E ratio of 25.66 and a beta of 1.01. The business has a 50 day moving average price of $26.55 and a 200 day moving average price of $26.74.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. IFC & Insurance Marketing Inc. purchased a new position in Schwab US Large-Cap ETF during the 4th quarter worth $25,000. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF during the 3rd quarter worth $26,000. DiNuzzo Private Wealth Inc. increased its holdings in Schwab US Large-Cap ETF by 61.2% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock worth $28,000 after purchasing an additional 415 shares during the period. Optima Capital LLC purchased a new position in Schwab US Large-Cap ETF during the 4th quarter worth $29,000. Finally, Tidemark LLC increased its holdings in Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after purchasing an additional 1,053 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.