Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Strong Trading Volume

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) saw strong trading volume on Wednesday . 2,273,386 shares were traded during mid-day trading, an increase of 39% from the previous session’s volume of 1,632,776 shares.The stock last traded at $66.49 and had previously closed at $66.60.

Schwab US Large-Cap ETF Stock Up 1.7 %

The company has a 50 day simple moving average of $65.07 and a 200-day simple moving average of $63.19. The stock has a market cap of $44.02 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in SCHX. US Bancorp DE boosted its stake in Schwab US Large-Cap ETF by 14,533.9% in the second quarter. US Bancorp DE now owns 14,318,137 shares of the company’s stock valued at $919,940,000 after acquiring an additional 14,220,295 shares during the period. Koss Olinger Consulting LLC acquired a new position in Schwab US Large-Cap ETF during the 2nd quarter valued at approximately $205,865,000. BlueSky Wealth Advisors LLC bought a new position in Schwab US Large-Cap ETF during the 2nd quarter worth $126,492,000. Goldman Sachs Group Inc. increased its position in Schwab US Large-Cap ETF by 2,285.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,641,012 shares of the company’s stock worth $92,553,000 after buying an additional 1,572,214 shares during the period. Finally, Diversified LLC increased its position in Schwab US Large-Cap ETF by 70.6% in the first quarter. Diversified LLC now owns 3,722,265 shares of the company’s stock worth $231,004,000 after buying an additional 1,539,781 shares during the period.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.