Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sets New 52-Week High – Still a Buy?

Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) hit a new 52-week high during trading on Friday . The company traded as high as $29.14 and last traded at $29.04, with a volume of 999417 shares traded. The stock had previously closed at $29.02.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.4 %

The company has a market cap of $8.45 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The company has a fifty day moving average price of $28.21 and a two-hundred day moving average price of $26.54.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Boyce & Associates Wealth Consulting Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 2.2% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 5,080 shares of the company’s stock worth $529,000 after acquiring an additional 109 shares in the last quarter. Evanson Asset Management LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 10.2% during the 3rd quarter. Evanson Asset Management LLC now owns 3,023 shares of the company’s stock valued at $315,000 after purchasing an additional 280 shares during the period. KCM Investment Advisors LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 4.6% in the third quarter. KCM Investment Advisors LLC now owns 8,324 shares of the company’s stock valued at $867,000 after acquiring an additional 368 shares during the last quarter. Warner Financial Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 0.6% during the third quarter. Warner Financial Inc. now owns 63,361 shares of the company’s stock worth $6,601,000 after purchasing an additional 376 shares during the period. Finally, Pathway Financial Advisers LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 41.2% in the second quarter. Pathway Financial Advisers LLC now owns 1,326 shares of the company’s stock valued at $133,000 after buying an additional 387 shares during the period.

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.