Schwab 1000 Index ETF (NYSEARCA:SCHK – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 202,007 shares, a growth of 104.5% from the June 15th total of 98,799 shares. Based on an average trading volume of 747,878 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.
Institutional Trading of Schwab 1000 Index ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Archer Investment Corp purchased a new position in Schwab 1000 Index ETF during the 1st quarter worth $26,000. Lodestone Wealth Management LLC bought a new position in shares of Schwab 1000 Index ETF during the fourth quarter valued at about $28,000. Atlas Capital Advisors Inc. purchased a new position in Schwab 1000 Index ETF during the fourth quarter worth about $31,000. Dorato Capital Management bought a new position in shares of Schwab 1000 Index ETF during the 4th quarter worth approximately $40,000. Finally, Garner Asset Management Corp purchased a new position in shares of Schwab 1000 Index ETF in the 4th quarter worth approximately $44,000.
Schwab 1000 Index ETF Stock Performance
Shares of NYSEARCA SCHK traded up $0.13 during midday trading on Wednesday, hitting $36.39. 1,038,413 shares of the stock traded hands, compared to its average volume of 1,306,720. Schwab 1000 Index ETF has a one year low of $29.83 and a one year high of $36.63. The business has a 50 day moving average price of $35.86 and a two-hundred day moving average price of $33.97. The company has a market cap of $5.76 billion, a PE ratio of 25.42 and a beta of 1.01.
About Schwab 1000 Index ETF
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.
Further Reading
- Five stocks we like better than Schwab 1000 Index ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Schwab 1000 Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab 1000 Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
