Schwab 1000 Index ETF $SCHK Shares Sold by Warwick Investment Management Inc.

Warwick Investment Management Inc. lessened its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 14.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,499,310 shares of the company’s stock after selling 588,389 shares during the quarter. Schwab 1000 Index ETF accounts for approximately 19.5% of Warwick Investment Management Inc.’s portfolio, making the stock its biggest position. Warwick Investment Management Inc.’s holdings in Schwab 1000 Index ETF were worth $112,398,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada grew its position in Schwab 1000 Index ETF by 20.6% in the 1st quarter. Royal Bank of Canada now owns 9,116 shares of the company’s stock valued at $245,000 after acquiring an additional 1,556 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Schwab 1000 Index ETF during the first quarter worth about $232,000. Goldman Sachs Group Inc. purchased a new position in shares of Schwab 1000 Index ETF in the first quarter valued at approximately $629,000. Jane Street Group LLC acquired a new position in shares of Schwab 1000 Index ETF in the first quarter valued at approximately $2,157,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of Schwab 1000 Index ETF in the second quarter valued at approximately $356,000.

Schwab 1000 Index ETF Stock Up 0.6%

Schwab 1000 Index ETF stock opened at $33.44 on Friday. Schwab 1000 Index ETF has a 52-week low of $23.18 and a 52-week high of $33.51. The firm has a market cap of $4.96 billion, a PE ratio of 25.42 and a beta of 1.02. The company’s 50 day moving average is $32.72 and its two-hundred day moving average is $31.76.

Schwab 1000 Index ETF Company Profile

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.