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 share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $27.92 and last traded at $27.91, with a volume of 3038004 shares trading hands. The stock had previously closed at $27.79.

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

The stock’s 50-day moving average price is $26.07 and its 200-day moving average price is $25.11. The company has a market cap of $8.12 billion, a P/E ratio of 39.82 and a beta of 1.25.

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

Several institutional investors and hedge funds have recently bought and sold shares of SCHG. Fairfield Financial Advisors LTD bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth $25,000. Pineridge Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 45.7% during the 1st quarter. Pineridge Advisors LLC now owns 386 shares of the company’s stock worth $36,000 after purchasing an additional 121 shares during the period. VitalStone Financial LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at about $46,000. Anfield Capital Management LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at about $60,000. Finally, Hexagon Capital Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at about $61,000.

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.