Schwab International Equity ETF (NYSEARCA:SCHF) Hits New 12-Month High – Here’s Why

Shares of Schwab International Equity ETF (NYSEARCA:SCHF) hit a new 52-week high during trading on Tuesday . The stock traded as high as $23.85 and last traded at $23.79, with a volume of 5422999 shares. The stock had previously closed at $23.73.

Schwab International Equity ETF Price Performance

The firm’s 50-day moving average is $22.84 and its two-hundred day moving average is $21.65. The company has a market cap of $52.69 billion, a P/E ratio of 16.14 and a beta of 0.87.

Institutional Investors Weigh In On Schwab International Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vision Capital Management Inc. boosted its position in Schwab International Equity ETF by 0.9% in the 2nd quarter. Vision Capital Management Inc. now owns 462,597 shares of the company’s stock valued at $10,223,000 after buying an additional 4,127 shares during the period. Brown Advisory Inc. raised its position in shares of Schwab International Equity ETF by 31.7% in the 1st quarter. Brown Advisory Inc. now owns 65,424 shares of the company’s stock worth $1,294,000 after acquiring an additional 15,766 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Schwab International Equity ETF by 1,878.0% during the 1st quarter. GAMMA Investing LLC now owns 50,281 shares of the company’s stock worth $995,000 after purchasing an additional 47,739 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Schwab International Equity ETF by 10.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,353,612 shares of the company’s stock valued at $185,014,000 after purchasing an additional 889,163 shares in the last quarter. Finally, Sowell Financial Services LLC bought a new stake in Schwab International Equity ETF during the first quarter valued at about $235,000.

Schwab International Equity ETF Company Profile

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.