Schwab US Large-Cap ETF $SCHX Position Lifted by K2 Financial Inc.

K2 Financial Inc. increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 405,472 shares of the company’s stock after purchasing an additional 24,860 shares during the quarter. Schwab US Large-Cap ETF makes up 7.7% of K2 Financial Inc.’s holdings, making the stock its 3rd largest position. K2 Financial Inc.’s holdings in Schwab US Large-Cap ETF were worth $11,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. bought a new position in Schwab US Large-Cap ETF in the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $26,000. Optima Capital LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter valued at about $29,000. Tidemark LLC grew its position in shares of Schwab US Large-Cap ETF by 474.3% in the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after buying an additional 1,053 shares during the last quarter. Finally, Acumen Wealth Advisors LLC purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $39,000.

Schwab US Large-Cap ETF Stock Down 0.7%

Shares of NYSEARCA SCHX traded down $0.22 during trading hours on Tuesday, hitting $29.43. 3,341,507 shares of the stock were exchanged, compared to its average volume of 19,203,391. The company has a market cap of $71.69 billion, a PE ratio of 25.66 and a beta of 1.00. The firm has a fifty day moving average price of $29.14 and a 200-day moving average price of $27.68. Schwab US Large-Cap ETF has a 12 month low of $24.47 and a 12 month high of $29.95.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.