ARS Wealth Advisors Group LLC Has $282,000 Stock Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

ARS Wealth Advisors Group LLC increased its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 89.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 9,949 shares of the company’s stock after buying an additional 4,710 shares during the period. ARS Wealth Advisors Group LLC’s holdings in Schwab 1000 Index ETF were worth $282,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. HighTower Advisors LLC lifted its position in shares of Schwab 1000 Index ETF by 36.9% during the third quarter. HighTower Advisors LLC now owns 5,614 shares of the company’s stock worth $311,000 after purchasing an additional 1,512 shares in the last quarter. Invst LLC bought a new position in Schwab 1000 Index ETF in the 3rd quarter worth approximately $208,000. GAMMA Investing LLC raised its position in Schwab 1000 Index ETF by 100.0% in the 4th quarter. GAMMA Investing LLC now owns 18,364 shares of the company’s stock worth $520,000 after purchasing an additional 9,182 shares during the last quarter. Silver Lake Advisory LLC acquired a new position in Schwab 1000 Index ETF during the 2nd quarter worth $1,151,000. Finally, True Vision MN LLC bought a new position in Schwab 1000 Index ETF in the 2nd quarter valued at $210,000.

Schwab 1000 Index ETF Stock Up 1.8 %

SCHK stock opened at $28.69 on Thursday. Schwab 1000 Index ETF has a twelve month low of $22.70 and a twelve month high of $29.54. The company has a market cap of $1.95 billion, a P/E ratio of 26.06 and a beta of 1.02. The business has a fifty day moving average of $28.81 and a 200-day moving average of $27.61.

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.