Schwab International Equity ETF (NYSEARCA:SCHF) Sets New 12-Month High – Here’s Why

Schwab International Equity ETF (NYSEARCA:SCHF)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $24.48 and last traded at $24.5150, with a volume of 1096072 shares trading hands. The stock had previously closed at $24.36.

Schwab International Equity ETF Stock Performance

The stock’s 50 day simple moving average is $23.90 and its 200 day simple moving average is $23.16. The firm has a market cap of $56.53 billion, a PE ratio of 16.14 and a beta of 0.86.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SCHF. Brighton Jones LLC lifted its position in Schwab International Equity ETF by 548.4% in the 4th quarter. Brighton Jones LLC now owns 167,257 shares of the company’s stock worth $3,094,000 after buying an additional 141,460 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Schwab International Equity ETF by 93.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 822,596 shares of the company’s stock valued at $15,218,000 after acquiring an additional 397,716 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Schwab International Equity ETF by 35.3% during the first quarter. AQR Capital Management LLC now owns 378,465 shares of the company’s stock worth $7,486,000 after acquiring an additional 98,797 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in shares of Schwab International Equity ETF by 27.4% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 66,982 shares of the company’s stock worth $1,325,000 after acquiring an additional 14,392 shares during the last quarter. Finally, SCS Capital Management LLC lifted its holdings in shares of Schwab International Equity ETF by 22.1% in the 1st quarter. SCS Capital Management LLC now owns 13,136,350 shares of the company’s stock worth $259,837,000 after acquiring an additional 2,379,429 shares during the last quarter.

Schwab International Equity ETF Company Profile

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.