Schwab US Large-Cap ETF Sees Notable Inflows This Week

In a week marked by significant changes in ETF shares outstanding, the Schwab US Large-Cap ETF (Symbol: SCHX) has attracted approximately $450.6 million in inflows. This represents a 0.9% increase in outstanding units, rising from 2,285,750,000 to 2,306,600,000.

Performance of Major Components

Among the key holdings of SCHX, Broadcom Inc (Symbol: AVGO) saw a slight increase of about 0.1%, while JPMorgan Chase & Co. (Symbol: JPM) fell by approximately 0.8%. Tesla Inc (Symbol: TSLA) experienced a notable rise of about 3.6%. For a detailed breakdown of its holdings, please visit the SCHX Holdings page.

52-Week Price Range and Moving Average

The chart below illustrates the one-year price performance of SCHX in relation to its 200-day moving average:

Over the past year, SCHX has recorded a low of $18.9997 per share and a high of $24.31, with the last trade noted at $21.55. Analyzing the recent share price against the 200-day moving average can provide valuable insights into the ETF’s performance.

Understanding ETF Trading Dynamics

Exchange Traded Funds (ETFs) function similarly to stocks, where investors trade “units” rather than “shares.” These units can be traded on the market, and unlike traditional stocks, they can also be created or destroyed based on investor demand. Each week, we analyze changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units necessitates buying the underlying assets, while the destruction of units entails selling those assets. Thus, large capital movements can impact the individual securities held within these ETFs.

Click here to discover which other ETFs recorded notable inflows.

Related Information:

• CarMax Historical Earnings
• AMRC Shares Outstanding History
• NUAN Stock Predictions

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.