Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 52-Week High – Time to Buy?

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) hit a new 52-week high on Friday. The stock traded as high as $36.46 and last traded at $36.43, with a volume of 579535 shares. The stock had previously closed at $36.00.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.2%

The firm has a market cap of $64.77 billion, a PE ratio of 34.24 and a beta of 1.19. The stock has a 50 day moving average price of $35.32 and a two-hundred day moving average price of $33.72.

Institutional Trading of Schwab U.S. Large-Cap Growth ETF

Large investors have recently bought and sold shares of the stock. Burkett Financial Services LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 0.4% in the third quarter. Burkett Financial Services LLC now owns 1,620,809 shares of the company’s stock worth $58,236,000 after buying an additional 5,709 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at $209,000. QRG Capital Management Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 98.3% during the second quarter. QRG Capital Management Inc. now owns 25,771 shares of the company’s stock valued at $872,000 after buying an additional 12,775 shares during the last quarter. Security National Bank of Sioux City Iowa IA acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at $63,000. Finally, Cherry Tree Wealth Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at $97,000.

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.