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

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) saw unusually-high trading volume on Friday . Approximately 15,740,383 shares changed hands during trading, an increase of 187% from the previous session’s volume of 5,476,493 shares.The stock last traded at $22.97 and had previously closed at $22.86.

Schwab US Large-Cap ETF Stock Performance

The business has a fifty day simple moving average of $22.36 and a 200 day simple moving average of $21.48. The company has a market cap of $14.90 billion, a P/E ratio of 26.53 and a beta of 1.02.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Klingenstein Fields & Co. LP raised its position in shares of Schwab US Large-Cap ETF by 1.3% during the 2nd quarter. Klingenstein Fields & Co. LP now owns 85,878 shares of the company’s stock worth $5,518,000 after purchasing an additional 1,139 shares during the period. Retireful LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 2nd quarter worth approximately $5,860,000. Nwam LLC raised its position in shares of Schwab US Large-Cap ETF by 95.1% during the 1st quarter. Nwam LLC now owns 8,681 shares of the company’s stock worth $532,000 after purchasing an additional 4,231 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 1st quarter worth approximately $312,000. Finally, Blair William & Co. IL raised its position in shares of Schwab US Large-Cap ETF by 3.3% during the 1st quarter. Blair William & Co. IL now owns 28,203 shares of the company’s stock worth $1,750,000 after purchasing an additional 905 shares during the period.

About Schwab US Large-Cap ETF

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.