Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sets New 12-Month High – Still a Buy?

by · The Markets Daily

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $36.16 and last traded at $36.1350, with a volume of 3491546 shares traded. The stock had previously closed at $35.43.

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

The company’s 50-day moving average price is $35.00 and its 200 day moving average price is $33.37. The stock has a market cap of $63.42 billion, a PE ratio of 34.24 and a beta of 1.19.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Growth ETF

Hedge funds have recently modified their holdings of the business. Avant Capital LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 0.3% during the 2nd quarter. Avant Capital LLC now owns 97,467 shares of the company’s stock worth $3,298,000 after purchasing an additional 296 shares in the last quarter. WMG Financial Advisors LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 2.1% during the first quarter. WMG Financial Advisors LLC now owns 15,713 shares of the company’s stock worth $458,000 after purchasing an additional 323 shares in the last quarter. GAMMA Investing LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 18.6% in the second quarter. GAMMA Investing LLC now owns 2,145 shares of the company’s stock valued at $73,000 after buying an additional 336 shares during the last quarter. Liberty Square Wealth Partners LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 3.4% in the 4th quarter. Liberty Square Wealth Partners LLC now owns 10,374 shares of the company’s stock valued at $338,000 after purchasing an additional 340 shares during the last quarter. Finally, Tidemark LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% during the fourth quarter. Tidemark LLC now owns 3,278 shares of the company’s stock worth $107,000 after buying an additional 342 shares during the period.

About Schwab U.S. Large-Cap Growth ETF

(Get Free Report)

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.

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