Schwab 1000 Index ETF $SCHK Stock: Ironwood Financial llc Cuts Position

Ironwood Financial llc lessened its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 84.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,547 shares of the company’s stock after selling 47,838 shares during the quarter. Ironwood Financial llc’s holdings in Schwab 1000 Index ETF were worth $313,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Pension & Wealth Management Advisors Inc. boosted its holdings in Schwab 1000 Index ETF by 6.8% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,397,559 shares of the company’s stock worth $51,235,000 after buying an additional 88,672 shares in the last quarter. Cooper Haims Advisors LLC purchased a new position in Schwab 1000 Index ETF in the second quarter valued at about $36,003,000. Avant Capital LLC increased its holdings in Schwab 1000 Index ETF by 1,802.1% in the second quarter. Avant Capital LLC now owns 574,656 shares of the company’s stock valued at $20,722,000 after buying an additional 544,444 shares in the last quarter. JNBA Financial Advisors purchased a new position in Schwab 1000 Index ETF in the second quarter valued at about $19,247,000. Finally, Lighthouse Wealth Management Inc. lifted its position in shares of Schwab 1000 Index ETF by 4.3% during the 1st quarter. Lighthouse Wealth Management Inc. now owns 391,661 shares of the company’s stock valued at $12,271,000 after acquiring an additional 16,321 shares during the period.

Schwab 1000 Index ETF Trading Up 0.4%

SCHK stock opened at $36.94 on Wednesday. The firm has a 50 day moving average of $37.00 and a 200-day moving average of $35.95. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01. Schwab 1000 Index ETF has a 12-month low of $30.30 and a 12-month high of $37.62.

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.