Ifrah Financial Services Inc. Lowers Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ifrah Financial Services Inc. lessened its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 32.0% in the fourth quarter, Holdings Channel reports. The firm owned 6,900 shares of the company’s stock after selling 3,252 shares during the period. Ifrah Financial Services Inc.’s holdings in Schwab US Broad Market ETF were worth $384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHB. Creative Financial Designs Inc. ADV grew its stake in Schwab US Broad Market ETF by 55.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after acquiring an additional 221 shares in the last quarter. Lee Financial Co bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $35,000. BKM Wealth Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $41,000. Bfsg LLC purchased a new stake in Schwab US Broad Market ETF in the fourth quarter worth approximately $41,000. Finally, Evolution Advisers Inc. lifted its stake in Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after purchasing an additional 191 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB traded up $0.69 during mid-day trading on Friday, hitting $59.54. The stock had a trading volume of 835,458 shares, compared to its average volume of 860,636. The firm has a market cap of $27.35 billion, a P/E ratio of 24.20 and a beta of 1.03. The business has a 50 day moving average price of $59.63 and a two-hundred day moving average price of $56.08. Schwab US Broad Market ETF has a 1 year low of $46.92 and a 1 year high of $61.18.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.