Schwab International Equity ETF (NYSEARCA:SCHF) Sets New 52-Week High – Still a Buy?

Schwab International Equity ETF (NYSEARCA:SCHF)’s stock price reached a new 52-week high on Monday . The company traded as high as $28.22 and last traded at $28.11, with a volume of 366381 shares trading hands. The stock had previously closed at $27.74.

Schwab International Equity ETF Stock Performance

The company has a market capitalization of $66.68 billion, a P/E ratio of 16.14 and a beta of 0.82. The company has a 50-day simple moving average of $26.80 and a 200 day simple moving average of $25.63.

Hedge Funds Weigh In On Schwab International Equity ETF

Several hedge funds have recently added to or reduced their stakes in SCHF. Bush Investment Group LLC raised its stake in Schwab International Equity ETF by 7.1% during the third quarter. Bush Investment Group LLC now owns 1,018,356 shares of the company’s stock worth $23,707,000 after buying an additional 67,912 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new stake in Schwab International Equity ETF in the third quarter worth approximately $436,000. Genesis Private Wealth LLC increased its holdings in Schwab International Equity ETF by 11.3% in the fourth quarter. Genesis Private Wealth LLC now owns 292,089 shares of the company’s stock worth $7,022,000 after purchasing an additional 29,630 shares in the last quarter. Cannon Wealth Management Services LLC increased its holdings in Schwab International Equity ETF by 44.0% in the third quarter. Cannon Wealth Management Services LLC now owns 90,269 shares of the company’s stock worth $2,101,000 after purchasing an additional 27,574 shares in the last quarter. Finally, Gleason Group Inc. increased its holdings in Schwab International Equity ETF by 10.9% in the fourth quarter. Gleason Group Inc. now owns 503,580 shares of the company’s stock worth $12,106,000 after purchasing an additional 49,574 shares in the last quarter.

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. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.