Schwab International Equity ETF (NYSEARCA:SCHF) Hits New 12-Month High – Time to Buy?

Schwab International Equity ETF (NYSEARCA:SCHF) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $27.40 and last traded at $27.31, with a volume of 482677 shares. The stock had previously closed at $26.65.

Schwab International Equity ETF Price Performance

The company has a market capitalization of $64.74 billion, a P/E ratio of 16.14 and a beta of 0.82. The stock has a 50-day moving average price of $25.67 and a 200-day moving average price of $24.92.

Hedge Funds Weigh In On Schwab International Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Main Street Group LTD bought a new position in shares of Schwab International Equity ETF during the first quarter worth about $43,000. Angeles Wealth Management LLC raised its position in shares of Schwab International Equity ETF by 2.7% during the first quarter. Angeles Wealth Management LLC now owns 79,348 shares of the company’s stock worth $1,964,000 after acquiring an additional 2,113 shares during the last quarter. Bessemer Group Inc. raised its position in shares of Schwab International Equity ETF by 1.1% during the first quarter. Bessemer Group Inc. now owns 5,683,178 shares of the company’s stock worth $140,659,000 after acquiring an additional 59,298 shares during the last quarter. Independent Financial Group LLC bought a new position in shares of Schwab International Equity ETF during the first quarter worth about $1,243,000. Finally, Frazier Financial Advisors LLC raised its position in shares of Schwab International Equity ETF by 288.0% during the first quarter. Frazier Financial Advisors LLC now owns 1,133 shares of the company’s stock worth $28,000 after acquiring an additional 841 shares during the last quarter.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.