Directional Asset Management Makes New Investment in Schwab US Large-Cap ETF $SCHX

Directional Asset Management bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, HoldingsChannel reports. The fund bought 43,700 shares of the company’s stock, valued at approximately $1,176,000. Schwab US Large-Cap ETF makes up about 1.0% of Directional Asset Management’s portfolio, making the stock its 28th largest position.

A number of other hedge funds have also bought and sold shares of SCHX. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF in the 3rd quarter worth about $26,000. Optima Capital LLC bought a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth $29,000. Ransom Advisory Ltd bought a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth $40,000. First Command Advisory Services Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the third quarter worth $43,000. Finally, Manning & Napier Advisors LLC grew its holdings in shares of Schwab US Large-Cap ETF by 31.4% in the third quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock worth $45,000 after acquiring an additional 405 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $27.94 on Friday. Schwab US Large-Cap ETF has a one year low of $21.16 and a one year high of $28.09. The firm has a market capitalization of $67.26 billion, a P/E ratio of 25.66 and a beta of 1.01. The business has a fifty day moving average of $26.65 and a 200 day moving average of $26.81.

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.