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

Schwab US Large-Cap ETF (NYSEARCA:SCHX) shares saw unusually-high trading volume on Monday . Approximately 7,360,345 shares were traded during mid-day trading, an increase of 34% from the previous session’s volume of 5,502,764 shares.The stock last traded at $23.32 and had previously closed at $23.20.

Schwab US Large-Cap ETF Trading Up 0.4 %

The business has a 50 day simple moving average of $22.72 and a two-hundred day simple moving average of $21.83. The stock has a market cap of $15.19 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after acquiring an additional 258 shares during the period. Triad Wealth Partners LLC acquired a new stake in Schwab US Large-Cap ETF in the 2nd quarter valued at approximately $28,000. Iron Horse Wealth Management LLC acquired a new position in Schwab US Large-Cap ETF during the 2nd quarter worth $33,000. City State Bank bought a new position in shares of Schwab US Large-Cap ETF in the third quarter worth $42,000. Finally, Marquette Asset Management LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at $43,000.

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.