International Assets Investment Management LLC Boosts Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

International Assets Investment Management LLC grew its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 4,506.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,734 shares of the company’s stock after purchasing an additional 24,197 shares during the quarter. International Assets Investment Management LLC’s holdings in Schwab 1000 Index ETF were worth $1,139,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SCHK. TIAA Trust National Association bought a new stake in shares of Schwab 1000 Index ETF in the 4th quarter worth approximately $388,000. Private Ocean LLC lifted its position in shares of Schwab 1000 Index ETF by 73.4% during the 4th quarter. Private Ocean LLC now owns 796 shares of the company’s stock valued at $37,000 after buying an additional 337 shares during the last quarter. Sherrill & Hutchins Financial Advisory Inc bought a new position in shares of Schwab 1000 Index ETF during the 4th quarter worth $866,000. Armstrong Advisory Group Inc. increased its holdings in Schwab 1000 Index ETF by 1.7% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246,826 shares of the company’s stock worth $57,429,000 after acquiring an additional 21,261 shares during the last quarter. Finally, ZRC Wealth Management LLC purchased a new stake in Schwab 1000 Index ETF in the 4th quarter worth about $153,000.

Schwab 1000 Index ETF Stock Up 0.9 %

NYSEARCA SCHK opened at $48.28 on Tuesday. The company has a market cap of $3.28 billion, a PE ratio of 25.07 and a beta of 1.02. Schwab 1000 Index ETF has a 52 week low of $38.87 and a 52 week high of $50.77. The firm’s 50-day simple moving average is $49.42 and its two-hundred day simple moving average is $46.14.

Schwab 1000 Index ETF 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.