Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Large Volume Increase – Here’s What Happened

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) saw unusually-high trading volume on Tuesday . Approximately 11,448,510 shares were traded during trading, an increase of 113% from the previous session’s volume of 5,369,277 shares.The stock last traded at $22.95 and had previously closed at $23.06.

Schwab US Large-Cap ETF Stock Down 0.7 %

The firm has a market cap of $14.92 billion, a PE ratio of 26.53 and a beta of 1.02. The stock has a 50-day simple moving average of $64.26 and a two-hundred day simple moving average of $63.35.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SCHX. Scarborough Advisors LLC grew its stake in shares of Schwab US Large-Cap ETF by 4.2% in the 4th quarter. Scarborough Advisors LLC now owns 1,613,819 shares of the company’s stock worth $91,019,000 after buying an additional 65,114 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Schwab US Large-Cap ETF by 2,285.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,641,012 shares of the company’s stock valued at $92,553,000 after purchasing an additional 1,572,214 shares during the period. Fisher Asset Management LLC boosted its position in Schwab US Large-Cap ETF by 2.4% during the fourth quarter. Fisher Asset Management LLC now owns 15,427 shares of the company’s stock valued at $870,000 after purchasing an additional 361 shares in the last quarter. Leo Wealth LLC purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $304,000. Finally, Madison Park Capital Advisors LLC grew its position in Schwab US Large-Cap ETF by 3.3% during the 1st quarter. Madison Park Capital Advisors LLC now owns 7,261 shares of the company’s stock worth $451,000 after purchasing an additional 232 shares during the last quarter.

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.