Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sets New 1-Year High – Here’s Why

Schwab US Large-Cap ETF (NYSEARCA:SCHX)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $27.50 and last traded at $27.4650, with a volume of 4213159 shares traded. The stock had previously closed at $27.35.

Schwab US Large-Cap ETF Stock Performance

The company has a market capitalization of $64.72 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock has a fifty day moving average of $27.06 and a 200 day moving average of $26.31.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Bfsg LLC raised its holdings in shares of Schwab US Large-Cap ETF by 0.8% in the fourth quarter. Bfsg LLC now owns 49,029 shares of the company’s stock worth $1,319,000 after buying an additional 374 shares during the period. Independent Advisor Alliance lifted its position in shares of Schwab US Large-Cap ETF by 1.1% during the third quarter. Independent Advisor Alliance now owns 35,309 shares of the company’s stock worth $930,000 after purchasing an additional 392 shares during the last quarter. Traub Capital Management LLC boosted its stake in shares of Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Traub Capital Management LLC now owns 15,891 shares of the company’s stock valued at $428,000 after purchasing an additional 400 shares during the period. Snowden Capital Advisors LLC boosted its stake in shares of Schwab US Large-Cap ETF by 3.3% during the second quarter. Snowden Capital Advisors LLC now owns 12,522 shares of the company’s stock valued at $306,000 after purchasing an additional 402 shares during the period. Finally, Manning & Napier Advisors LLC boosted its position in Schwab US Large-Cap ETF by 31.4% in the 3rd quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock valued at $45,000 after buying an additional 405 shares during the period.

About Schwab US Large-Cap ETF

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.