Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 52-Week High at $102.54

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) shares reached a new 52-week high on Friday . The stock traded as high as $102.54 and last traded at $101.93, with a volume of 300068 shares changing hands. The stock had previously closed at $101.61.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.8 %

The stock has a market capitalization of $29.50 billion, a P/E ratio of 39.82 and a beta of 1.25. The firm’s 50 day simple moving average is $95.18 and its two-hundred day simple moving average is $90.43.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 25.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock valued at $658,618,000 after buying an additional 1,617,687 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $121,792,000. Cetera Investment Advisers boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 259.4% during the first quarter. Cetera Investment Advisers now owns 1,696,108 shares of the company’s stock worth $157,263,000 after purchasing an additional 1,224,220 shares during the last quarter. Advance Capital Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 8,500.1% during the first quarter. Advance Capital Management Inc. now owns 492,871 shares of the company’s stock worth $45,699,000 after purchasing an additional 487,140 shares during the last quarter. Finally, Burkett Financial Services LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $40,292,000.

Schwab U.S. Large-Cap Growth ETF Company Profile

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.