Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 12-Month High – Should You Buy?

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $26.77 and last traded at $26.67, with a volume of 3465136 shares traded. The stock had previously closed at $26.70.

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

The firm’s 50-day moving average is $91.18 and its 200 day moving average is $94.62. The firm has a market capitalization of $7.81 billion, a P/E ratio of 39.82 and a beta of 1.25.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Growth ETF

Large investors have recently modified their holdings of the business. Fairfield Financial Advisors LTD bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at about $25,000. Pineridge Advisors LLC boosted 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 acquiring an additional 121 shares during the period. VitalStone Financial LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth approximately $46,000. Thompson Investment Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 32.2% in the 1st quarter. Thompson Investment Management Inc. now owns 517 shares of the company’s stock valued at $48,000 after acquiring an additional 126 shares during the period. Finally, Anfield Capital Management LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $60,000.

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.