Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $29.15 and last traded at $29.15, with a volume of 1420 shares. The stock had previously closed at $28.91.
Schwab 1000 Index ETF Trading Up 0.5 %
The firm has a 50-day moving average of $27.99 and a two-hundred day moving average of $26.83. The firm has a market capitalization of $1.98 billion, a PE ratio of 26.06 and a beta of 1.02.
Hedge Funds Weigh In On Schwab 1000 Index ETF
Hedge funds and other institutional investors have recently modified their holdings of the company. Waddell & Associates LLC lifted its position in Schwab 1000 Index ETF by 1.4% during the third quarter. Waddell & Associates LLC now owns 962,726 shares of the company’s stock valued at $53,229,000 after buying an additional 13,201 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC purchased a new stake in Schwab 1000 Index ETF during the 3rd quarter worth $17,174,000. Main Street Financial Solutions LLC increased its holdings in Schwab 1000 Index ETF by 5.8% in the 3rd quarter. Main Street Financial Solutions LLC now owns 145,742 shares of the company’s stock valued at $8,058,000 after purchasing an additional 8,033 shares in the last quarter. International Assets Investment Management LLC raised its position in Schwab 1000 Index ETF by 19,941.3% in the third quarter. International Assets Investment Management LLC now owns 107,622 shares of the company’s stock valued at $5,950,000 after purchasing an additional 107,085 shares during the period. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Schwab 1000 Index ETF during the second quarter worth about $5,210,000.
Schwab 1000 Index ETF Company Profile
The Schwab 1000 Index ETF (SCHK) is an exchange-traded fund that is based on the S&P Schwab 1000 index, a proprietary market-cap-weighted index that includes 1,000 of the largest US-listed stocks. SCHK was launched on Oct 11, 2017 and is managed by Charles Schwab.
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