Schwab International Equity ETF (NYSEARCA:SCHF) Reaches New 52-Week High – Still a Buy?

Shares of Schwab International Equity ETF (NYSEARCA:SCHF) hit a new 52-week high during trading on Friday . The company traded as high as $24.29 and last traded at $24.2150, with a volume of 1092545 shares traded. The stock had previously closed at $24.15.

Schwab International Equity ETF Stock Performance

The company has a market cap of $53.57 billion, a P/E ratio of 16.14 and a beta of 0.86. The stock has a 50-day simple moving average of $23.69 and a 200 day simple moving average of $22.78.

Institutional Investors Weigh In On Schwab International Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Payne Capital Management LLC lifted its holdings in shares of Schwab International Equity ETF by 8.5% during the 3rd quarter. Payne Capital Management LLC now owns 1,494,169 shares of the company’s stock worth $34,784,000 after acquiring an additional 116,462 shares during the period. Cambria Investment Management L.P. acquired a new position in Schwab International Equity ETF in the third quarter worth about $893,000. KERR FINANCIAL PLANNING Corp bought a new position in Schwab International Equity ETF during the third quarter worth about $48,000. Cherry Tree Wealth Management LLC boosted its holdings in Schwab International Equity ETF by 2.7% during the third quarter. Cherry Tree Wealth Management LLC now owns 192,836 shares of the company’s stock valued at $4,489,000 after purchasing an additional 5,038 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in Schwab International Equity ETF by 58.4% during the third quarter. CIBC Private Wealth Group LLC now owns 104,863 shares of the company’s stock valued at $2,441,000 after purchasing an additional 38,675 shares in 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.