Strategic Advisors LLC Takes Position in Schwab 1000 Index ETF $SCHK

Strategic Advisors LLC acquired a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,486 shares of the company’s stock, valued at approximately $522,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHK. Archer Investment Corp purchased a new stake in Schwab 1000 Index ETF in the first quarter valued at $26,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Schwab 1000 Index ETF during the 4th quarter worth about $31,000. Garner Asset Management Corp purchased a new stake in Schwab 1000 Index ETF in the 4th quarter valued at about $44,000. JFS Wealth Advisors LLC raised its holdings in Schwab 1000 Index ETF by 385.0% in the 2nd quarter. JFS Wealth Advisors LLC now owns 1,911 shares of the company’s stock valued at $69,000 after buying an additional 1,517 shares during the period. Finally, Angeles Wealth Management LLC acquired a new position in Schwab 1000 Index ETF in the first quarter valued at about $63,000.

Schwab 1000 Index ETF Price Performance

Shares of SCHK stock opened at $37.09 on Monday. The firm has a market cap of $5.89 billion, a PE ratio of 25.42 and a beta of 1.01. The company has a 50-day moving average of $36.38 and a two-hundred day moving average of $34.76. Schwab 1000 Index ETF has a 1-year low of $30.30 and a 1-year high of $37.62.

Schwab 1000 Index ETF 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.