IFP Advisors Inc Buys 121,175 Shares of Schwab US Large-Cap ETF $SCHX

IFP Advisors Inc raised its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 20.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 710,515 shares of the company’s stock after acquiring an additional 121,175 shares during the quarter. IFP Advisors Inc’s holdings in Schwab US Large-Cap ETF were worth $19,120,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHX. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter valued at $26,000. Optima Capital LLC bought a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at $29,000. Ransom Advisory Ltd bought a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at $40,000. First Command Advisory Services Inc. bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter valued at $43,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter valued at $49,000.

Schwab US Large-Cap ETF Trading Down 0.7%

Shares of NYSEARCA SCHX opened at $28.83 on Wednesday. The stock has a market capitalization of $69.52 billion, a PE ratio of 25.66 and a beta of 1.01. The stock’s fifty day simple moving average is $27.20 and its two-hundred day simple moving average is $27.06. Schwab US Large-Cap ETF has a 12-month low of $21.81 and a 12-month high of $29.46.

Schwab US Large-Cap ETF Profile

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.