Schwab International Equity ETF (NYSEARCA:SCHF) Sets New 52-Week High – Time to Buy?

Schwab International Equity ETF (NYSEARCA:SCHF)’s stock price hit a new 52-week high on Monday . The company traded as high as $24.96 and last traded at $24.9550, with a volume of 547295 shares traded. The stock had previously closed at $24.86.

Schwab International Equity ETF Stock Up 0.4%

The company has a market capitalization of $57.36 billion, a P/E ratio of 16.14 and a beta of 0.86. The firm’s 50-day moving average price is $23.95 and its 200 day moving average price is $23.22.

Institutional Investors Weigh In On Schwab International Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SCHF. Corient Private Wealth LLC boosted its holdings in Schwab International Equity ETF by 94.7% during the second quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock worth $930,592,000 after purchasing an additional 20,481,030 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Schwab International Equity ETF by 4.7% in the second quarter. Wealthfront Advisers LLC now owns 109,691,724 shares of the company’s stock valued at $2,424,187,000 after acquiring an additional 4,920,805 shares in the last quarter. AlphaCore Capital LLC increased its position in shares of Schwab International Equity ETF by 34,510.8% during the second quarter. AlphaCore Capital LLC now owns 3,764,614 shares of the company’s stock valued at $83,198,000 after acquiring an additional 3,753,737 shares during the last quarter. Modern Wealth Management LLC lifted its holdings in Schwab International Equity ETF by 770.5% during the third quarter. Modern Wealth Management LLC now owns 2,208,572 shares of the company’s stock worth $51,416,000 after acquiring an additional 1,954,849 shares during the period. Finally, Procyon Advisors LLC boosted its position in Schwab International Equity ETF by 3,792.4% in the third quarter. Procyon Advisors LLC now owns 1,990,424 shares of the company’s stock worth $46,337,000 after purchasing an additional 1,939,288 shares during the last quarter.

About Schwab International Equity ETF

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.