Fifth Third Securities Inc. Cuts Position in Schwab US Large-Cap ETF $SCHX

Fifth Third Securities Inc. cut its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 12.5% in the 2nd quarter, Holdings Channel reports. The fund owned 69,678 shares of the company’s stock after selling 9,974 shares during the quarter. Fifth Third Securities Inc.’s holdings in Schwab US Large-Cap ETF were worth $1,703,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CX Institutional grew its position in Schwab US Large-Cap ETF by 27,108.8% in the second quarter. CX Institutional now owns 62,036 shares of the company’s stock worth $1,516,000 after acquiring an additional 61,808 shares in the last quarter. QRG Capital Management Inc. grew its position in Schwab US Large-Cap ETF by 8.2% in the first quarter. QRG Capital Management Inc. now owns 34,675 shares of the company’s stock worth $766,000 after acquiring an additional 2,626 shares in the last quarter. Fifth Third Bancorp grew its position in Schwab US Large-Cap ETF by 33.1% in the first quarter. Fifth Third Bancorp now owns 11,275 shares of the company’s stock worth $249,000 after acquiring an additional 2,806 shares in the last quarter. Brown Advisory Inc. grew its position in Schwab US Large-Cap ETF by 38.0% in the first quarter. Brown Advisory Inc. now owns 64,163 shares of the company’s stock worth $1,417,000 after acquiring an additional 17,661 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC purchased a new position in Schwab US Large-Cap ETF in the first quarter worth $240,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $26.27 on Tuesday. Schwab US Large-Cap ETF has a 52-week low of $19.00 and a 52-week high of $26.51. The firm has a fifty day moving average of $25.57 and a 200 day moving average of $23.82. The firm has a market capitalization of $60.31 billion, a PE ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Company Profile

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.