Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $37.62 and last traded at $37.5950, with a volume of 115294 shares traded. The stock had previously closed at $37.30.
Schwab 1000 Index ETF Price Performance
The company has a market capitalization of $5.84 billion, a PE ratio of 25.42 and a beta of 1.01. The business has a 50-day moving average of $36.95 and a 200 day moving average of $35.58.
Institutional Trading of Schwab 1000 Index ETF
Several hedge funds have recently modified their holdings of SCHK. Archer Investment Corp purchased a new position in shares of Schwab 1000 Index ETF in the first quarter valued at $26,000. Sound Income Strategies LLC increased its position in Schwab 1000 Index ETF by 53.8% in the first quarter. Sound Income Strategies LLC now owns 2,009 shares of the company’s stock worth $63,000 after purchasing an additional 703 shares during the last quarter. Angeles Wealth Management LLC purchased a new stake in Schwab 1000 Index ETF during the first quarter valued at $63,000. JFS Wealth Advisors LLC raised its stake in Schwab 1000 Index ETF by 385.0% during the second quarter. JFS Wealth Advisors LLC now owns 1,911 shares of the company’s stock valued at $69,000 after purchasing an additional 1,517 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in Schwab 1000 Index ETF by 1,028.9% during the first quarter. Parallel Advisors LLC now owns 4,030 shares of the company’s stock valued at $126,000 after purchasing an additional 3,673 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.
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