Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sets New 12-Month High – Still a Buy?

Schwab US Large-Cap ETF (NYSEARCA:SCHX)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $27.27 and last traded at $27.2650, with a volume of 3406375 shares trading hands. The stock had previously closed at $27.17.

Schwab US Large-Cap ETF Stock Up 0.3%

The firm has a market capitalization of $63.26 billion, a P/E ratio of 25.66 and a beta of 1.01. The business’s 50-day simple moving average is $26.72 and its 200 day simple moving average is $25.76.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at about $26,000. Crews Bank & Trust bought a new stake in shares of Schwab US Large-Cap ETF during the 2nd quarter valued at $26,000. DiNuzzo Private Wealth Inc. lifted its stake in shares of 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 valued at $28,000 after buying an additional 415 shares in the last quarter. S.A. Mason LLC bought a new position in Schwab US Large-Cap ETF in the 2nd quarter worth $29,000. Finally, Orion Capital Management LLC purchased a new stake in Schwab US Large-Cap ETF in the 1st quarter worth $27,000.

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.