Schwab International Equity ETF (NYSEARCA:SCHF) Hits New 12-Month High – Time to Buy?

Schwab International Equity ETF (NYSEARCA:SCHF)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $26.75 and last traded at $26.7150, with a volume of 2284678 shares. The stock had previously closed at $26.51.

Schwab International Equity ETF Stock Performance

The company has a market cap of $61.74 billion, a price-to-earnings ratio of 16.14 and a beta of 0.86. The company has a fifty day moving average of $25.11 and a two-hundred day moving average of $23.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in Schwab International Equity ETF by 4.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock valued at $7,157,992,000 after acquiring an additional 12,246,283 shares during the period. Wealthfront Advisers LLC grew its stake in shares of Schwab International Equity ETF by 1.4% in the fourth quarter. Wealthfront Advisers LLC now owns 111,479,482 shares of the company’s stock worth $2,679,967,000 after purchasing an additional 1,497,065 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Schwab International Equity ETF by 94.7% in the second quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock valued at $930,592,000 after purchasing an additional 20,481,030 shares during the period. HighTower Advisors LLC raised its position in Schwab International Equity ETF by 2.2% during the 3rd quarter. HighTower Advisors LLC now owns 22,411,217 shares of the company’s stock worth $521,733,000 after purchasing an additional 488,836 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its holdings in Schwab International Equity ETF by 5.2% during the 2nd quarter. Wealthspire Advisors LLC now owns 21,525,356 shares of the company’s stock worth $475,710,000 after buying an additional 1,065,094 shares during the period.

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.