Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 1-Year High – Here’s Why

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) shares reached a new 52-week high during trading on Monday . The stock traded as high as $35.91 and last traded at $35.89, with a volume of 1845681 shares changing hands. The stock had previously closed at $35.78.

Schwab U.S. Large-Cap Growth ETF Stock Performance

The firm has a 50 day simple moving average of $34.09 and a two-hundred day simple moving average of $32.50. The stock has a market cap of $62.76 billion, a P/E ratio of 34.24 and a beta of 1.19.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Advisortrust Partners LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $25,000. Garton & Associates Financial Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $27,000. Center for Financial Planning Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at about $28,000. Cary Street Partners Investment Advisory LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after buying an additional 1,019 shares in the last quarter. Finally, MBM Wealth Consultants LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth about $48,000.

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.