Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK – Get Free Report) rose 1.2% during trading on Tuesday . The stock traded as high as $27.84 and last traded at $27.83. Approximately 199,944 shares were traded during trading, a decline of 55% from the average daily volume of 442,946 shares. The stock had previously closed at $27.50.
Schwab 1000 Index ETF Stock Up 0.8 %
The company has a market cap of $1.96 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The company’s 50-day moving average is $27.46 and its 200 day moving average is $26.44.
Institutional Trading of Schwab 1000 Index ETF
Several institutional investors have recently modified their holdings of the stock. Blake Schutter Theil Wealth Advisors LLC purchased a new position in shares of Schwab 1000 Index ETF in the third quarter worth about $17,174,000. International Assets Investment Management LLC grew its holdings in Schwab 1000 Index ETF by 19,941.3% during the 3rd quarter. International Assets Investment Management LLC now owns 107,622 shares of the company’s stock worth $5,950,000 after acquiring an additional 107,085 shares in the last quarter. Signature Estate & Investment Advisors LLC acquired a new position in Schwab 1000 Index ETF during the 2nd quarter worth approximately $5,210,000. Strategic Financial Concepts LLC acquired a new position in Schwab 1000 Index ETF during the 2nd quarter worth approximately $2,278,000. Finally, Main Street Financial Solutions LLC lifted its position in shares of Schwab 1000 Index ETF by 22.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 137,709 shares of the company’s stock worth $7,206,000 after buying an additional 25,358 shares during the last quarter.
About Schwab 1000 Index ETF
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.
Further Reading
- Five stocks we like better than Schwab 1000 Index ETF
- Consumer Staples Stocks, Explained
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- Find and Profitably Trade Stocks at 52-Week Lows
- Breakout Alert: Qualcomm Just Hit The Rally Button
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for Schwab 1000 Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab 1000 Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
