Schwab US Large-Cap ETF (NYSEARCA:SCHX) is Floyd Financial Group LLC’s 2nd Largest Position

Floyd Financial Group LLC reduced its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 27.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 387,949 shares of the company’s stock after selling 147,819 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 7.7% of Floyd Financial Group LLC’s holdings, making the stock its 2nd largest position. Floyd Financial Group LLC’s holdings in Schwab US Large-Cap ETF were worth $8,566,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Total Investment Management Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 200.6% in the fourth quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after purchasing an additional 9,016 shares during the period. Keystone Wealth Services LLC increased its stake in Schwab US Large-Cap ETF by 200.4% during the 4th quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock worth $808,000 after buying an additional 23,252 shares during the period. Pure Portfolios Holdings LLC lifted its holdings in Schwab US Large-Cap ETF by 201.1% during the 4th quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock worth $32,650,000 after buying an additional 940,747 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Schwab US Large-Cap ETF by 218.8% during the 4th quarter. JPMorgan Chase & Co. now owns 2,194,966 shares of the company’s stock worth $50,879,000 after buying an additional 1,506,526 shares in the last quarter. Finally, Spire Wealth Management boosted its position in Schwab US Large-Cap ETF by 213.9% in the 4th quarter. Spire Wealth Management now owns 37,586 shares of the company’s stock valued at $871,000 after buying an additional 25,614 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.7%

NYSEARCA:SCHX opened at $23.60 on Wednesday. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $24.31. The company has a fifty day simple moving average of $22.02 and a two-hundred day simple moving average of $22.97. The company has a market cap of $54.28 billion, a price-to-earnings ratio of 25.20 and a beta of 1.02.

About Schwab US Large-Cap ETF

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.