Schwab 1000 Index ETF (NYSEARCA:SCHK) Stock Position Raised by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 22.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,631 shares of the company’s stock after acquiring an additional 1,194 shares during the period. Focus Financial Network Inc.’s holdings in Schwab 1000 Index ETF were worth $356,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SCHK. Woodmont Investment Counsel LLC acquired a new position in Schwab 1000 Index ETF in the 1st quarter valued at approximately $26,000. Hexagon Capital Partners LLC boosted its stake in Schwab 1000 Index ETF by 95.4% during the second quarter. Hexagon Capital Partners LLC now owns 1,413 shares of the company’s stock worth $74,000 after buying an additional 690 shares in the last quarter. Clear Investment Research LLC bought a new stake in Schwab 1000 Index ETF in the 4th quarter valued at $87,000. TD Capital Management LLC raised its stake in shares of Schwab 1000 Index ETF by 30.5% in the 4th quarter. TD Capital Management LLC now owns 2,508 shares of the company’s stock valued at $116,000 after buying an additional 586 shares in the last quarter. Finally, Mather Group LLC. bought a new position in shares of Schwab 1000 Index ETF during the 2nd quarter worth about $161,000.

Schwab 1000 Index ETF Stock Up 0.3 %

SCHK traded up $0.16 during midday trading on Wednesday, reaching $53.87. 71,373 shares of the company’s stock were exchanged, compared to its average volume of 250,617. The business has a 50-day simple moving average of $52.59 and a two-hundred day simple moving average of $50.73. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a one year low of $39.41 and a one year high of $54.45.

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.