Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 12-Month High – Here’s What Happened

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $28.96 and last traded at $28.92, with a volume of 793912 shares trading hands. The stock had previously closed at $28.76.

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

The firm has a market capitalization of $8.47 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The company has a 50-day moving average price of $27.35 and a 200-day moving average price of $25.92.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Boyce & Associates Wealth Consulting Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.2% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 5,080 shares of the company’s stock valued at $529,000 after purchasing an additional 109 shares during the period. Private Ocean LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.2% during the second quarter. Private Ocean LLC now owns 2,764 shares of the company’s stock worth $279,000 after acquiring an additional 112 shares during the last quarter. Glassman Wealth Services increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.0% in the 2nd quarter. Glassman Wealth Services now owns 4,145 shares of the company’s stock valued at $418,000 after acquiring an additional 119 shares during the period. Evergreen Capital Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 3.3% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,964 shares of the company’s stock valued at $400,000 after purchasing an additional 126 shares during the last quarter. Finally, Abound Wealth Management boosted its stake in Schwab U.S. Large-Cap Growth ETF by 1.7% during the 2nd quarter. Abound Wealth Management now owns 8,095 shares of the company’s stock worth $816,000 after purchasing an additional 138 shares during the period.

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.