Schwab US Large-Cap ETF (NYSEARCA:SCHX) Reaches New 1-Year High – Still a Buy?

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) reached a new 52-week high on Tuesday . The company traded as high as $29.53 and last traded at $29.49, with a volume of 516297 shares traded. The stock had previously closed at $29.33.

Schwab US Large-Cap ETF Stock Performance

The business has a 50-day moving average price of $27.42 and a 200 day moving average price of $27.12. The stock has a market capitalization of $71.09 billion, a P/E ratio of 25.66 and a beta of 1.01.

Institutional Trading of Schwab US Large-Cap ETF

A number of hedge funds have recently made changes to their positions in SCHX. IFC & Insurance Marketing Inc. bought a new position in Schwab US Large-Cap ETF in the 4th quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at approximately $26,000. Optima Capital LLC bought a new position in Schwab US Large-Cap ETF in the 4th quarter valued at approximately $29,000. Tidemark LLC lifted its position in Schwab US Large-Cap ETF by 474.3% in the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Signature Resources Capital Management LLC lifted its position in Schwab US Large-Cap ETF by 510.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after acquiring an additional 1,118 shares in the last quarter.

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.