Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 12-Month High at $91.76

The Schwab U.S. Large-Cap Growth ETF NYSEARCASCHG is a type of exchange-traded fund (ETF) that tracks the performance of large-cap growth stocks in the United States. Large-cap growth stocks are companies with market capitalizations between $10 billion and $200 billion that have consistently grown their earnings over time.

On Friday, during mid-day trading, the stock price of Schwab U.S. Large-Cap Growth ETF NYSEARCASCHG reached a new 52-week high at $91.76. This means that the stock had not traded higher than this price in the past 52 weeks. The stock then last traded at $91.66, with a volume of 926,811 shares trading hands.

It's worth noting that the stock had previously closed at $91.00, which means that it had increased by $7.76 from its previous closing price. This increase in stock price could be due to various factors such as positive earnings reports, favorable market conditions, or increased investor demand for growth stocks.

It's also worth noting that the Schwab U.S. Large-Cap Growth ETF NYSEARCASCHG is a popular investment vehicle among investors looking for exposure to large-cap growth stocks in the United States. The ETF has a total market capitalization of over $10 billion and tracks an index that includes companies such as Amazon, Microsoft, and Apple.

Overall, the fact that the stock price of Schwab U.S. Large-Cap Growth ETF NYSEARCASCHG reached a new 52-week high on Friday is a positive sign for investors looking for exposure to large-cap growth stocks in the United States. However, it's important to note that past performance is not indicative of future results and all investments carry some level of risk.