Schwab International Equity ETF (NYSEARCA:SCHF) Reaches New 52-Week High – What’s Next?

Schwab International Equity ETF (NYSEARCA:SCHF)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $28.69 and last traded at $28.54, with a volume of 6057702 shares changing hands. The stock had previously closed at $28.50.

Schwab International Equity ETF Trading Up 0.6%

The stock has a fifty day moving average of $27.66 and a two-hundred day moving average of $26.73. The company has a market capitalization of $68.65 billion, a PE ratio of 16.14 and a beta of 0.82.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised 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 worth $7,157,992,000 after purchasing an additional 12,246,283 shares during the period. Wealthfront Advisers LLC grew its stake in shares of Schwab International Equity ETF by 4.4% during the first quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock valued at $2,879,366,000 after buying an additional 4,858,558 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of 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 valued at $930,592,000 after buying an additional 20,481,030 shares during the last quarter. Morgan Stanley increased its holdings in shares of Schwab International Equity ETF by 79.4% in the fourth quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock worth $455,033,000 after buying an additional 8,376,473 shares during the period. Finally, Composition Wealth LLC increased its holdings in shares of Schwab International Equity ETF by 7.3% in the fourth quarter. Composition Wealth LLC now owns 13,933,649 shares of the company’s stock worth $334,965,000 after buying an additional 945,930 shares during the period.

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.