Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Hits New 1-Year High – What’s Next?

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $34.74 and last traded at $34.68, with a volume of 1108955 shares traded. The stock had previously closed at $34.57.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.4%

The stock has a market cap of $59.36 billion, a P/E ratio of 34.24 and a beta of 1.19. The stock has a fifty day simple moving average of $32.11 and a 200-day simple moving average of $31.98.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Growth ETF

Institutional investors have recently modified their holdings of the business. D.B. Root & Company LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% during the 3rd quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock valued at $7,776,000 after purchasing an additional 23,865 shares in the last quarter. Bright Futures Wealth Management LLC. bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at approximately $635,000. Foundations Investment Advisors LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 10.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock valued at $15,752,000 after acquiring an additional 47,368 shares in the last quarter. Compound Planning Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 16.2% in the 3rd quarter. Compound Planning Inc. now owns 2,128,290 shares of the company’s stock valued at $67,914,000 after acquiring an additional 296,519 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its stake in Schwab U.S. Large-Cap Growth ETF by 1.8% in the 4th quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock valued at $57,190,000 after acquiring an additional 30,853 shares in the last quarter.

About Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.