Schwab 1000 Index ETF (NYSEARCA:SCHK) Reaches New 12-Month High at $54.55

Schwab 1000 Index ETF (NYSEARCA:SCHK) reached a new 52-week high on Tuesday . The company traded as high as $54.55 and last traded at $54.49, with a volume of 30636 shares changing hands. The stock had previously closed at $54.17.

Schwab 1000 Index ETF Stock Up 0.1 %

The stock has a fifty day simple moving average of $52.95 and a 200-day simple moving average of $51.41. The company has a market capitalization of $3.69 billion, a P/E ratio of 26.06 and a beta of 1.02.

Hedge Funds Weigh In On Schwab 1000 Index ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC grew its stake in shares of Schwab 1000 Index ETF by 0.6% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 30,503 shares of the company’s stock valued at $1,596,000 after purchasing an additional 188 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Schwab 1000 Index ETF by 3.4% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,951 shares of the company’s stock valued at $468,000 after buying an additional 291 shares during the last quarter. US Bancorp DE increased its stake in shares of Schwab 1000 Index ETF by 0.5% in the 1st quarter. US Bancorp DE now owns 67,780 shares of the company’s stock valued at $3,434,000 after buying an additional 317 shares during the period. Cetera Investment Advisers raised its position in shares of Schwab 1000 Index ETF by 1.4% during the second quarter. Cetera Investment Advisers now owns 29,119 shares of the company’s stock worth $1,524,000 after acquiring an additional 394 shares during the last quarter. Finally, Comerica Bank lifted its stake in shares of Schwab 1000 Index ETF by 13.7% during the first quarter. Comerica Bank now owns 4,053 shares of the company’s stock valued at $205,000 after acquiring an additional 487 shares during the period.

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.