RFG Advisory LLC lowered its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report) by 81.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 8,731 shares of the company’s stock after selling 37,186 shares during the quarter. RFG Advisory LLC’s holdings in Schwab 1000 Index ETF were worth $274,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada grew its position in Schwab 1000 Index ETF by 20.6% during the 1st quarter. Royal Bank of Canada now owns 9,116 shares of the company’s stock worth $245,000 after purchasing an additional 1,556 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Schwab 1000 Index ETF during the first quarter worth $232,000. Goldman Sachs Group Inc. acquired a new stake in shares of Schwab 1000 Index ETF during the first quarter worth $629,000. Jane Street Group LLC acquired a new stake in shares of Schwab 1000 Index ETF during the first quarter worth $2,157,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Schwab 1000 Index ETF by 50.8% during the second quarter. JPMorgan Chase & Co. now owns 17,110 shares of the company’s stock valued at $510,000 after buying an additional 5,766 shares during the last quarter.
Schwab 1000 Index ETF Price Performance
NYSEARCA SCHK opened at $36.06 on Wednesday. The stock’s fifty day moving average price is $35.50 and its 200 day moving average price is $33.73. Schwab 1000 Index ETF has a 1 year low of $29.70 and a 1 year high of $36.63. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01.
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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Want to see what other hedge funds are holding SCHK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report).
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