Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sets New 52-Week High – Here’s Why

Posted by Cynthia Vaughn on Nov 6th, 2024

Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $27.02 and last traded at $27.02, with a volume of 180469 shares trading hands. The stock had previously closed at $26.44.

Schwab U.S. Large-Cap Growth ETF Stock Up 2.8 %

The firm’s 50-day moving average price is $25.83 and its 200 day moving average price is $24.92. The firm has a market cap of $7.95 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

A number of 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 in the 2nd quarter worth approximately $25,000. Pineridge Advisors LLC lifted its position 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 valued at $36,000 after acquiring an additional 121 shares during the last quarter. VitalStone Financial LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth $46,000. Anfield Capital Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter worth $60,000. Finally, Hexagon Capital Partners LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter worth $61,000.

About Schwab U.S. Large-Cap Growth ETF

(Get Free Report)

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.