Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Acquired by OLD National Bancorp IN

OLD National Bancorp IN boosted its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 23,064 shares of the company’s stock after purchasing an additional 11,532 shares during the period. OLD National Bancorp IN’s holdings in Schwab 1000 Index ETF were worth $653,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHK. HighTower Advisors LLC raised its stake in shares of Schwab 1000 Index ETF by 36.9% during the third quarter. HighTower Advisors LLC now owns 5,614 shares of the company’s stock worth $311,000 after purchasing an additional 1,512 shares during the last quarter. Invst LLC acquired a new position in Schwab 1000 Index ETF in the 3rd quarter valued at $208,000. GAMMA Investing LLC raised its position in Schwab 1000 Index ETF by 100.0% during the 4th quarter. GAMMA Investing LLC now owns 18,364 shares of the company’s stock worth $520,000 after buying an additional 9,182 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Schwab 1000 Index ETF by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock worth $315,000 after acquiring an additional 396 shares during the period. Finally, Miracle Mile Advisors LLC boosted its holdings in shares of Schwab 1000 Index ETF by 100.7% in the fourth quarter. Miracle Mile Advisors LLC now owns 8,153 shares of the company’s stock valued at $231,000 after acquiring an additional 4,090 shares in the last quarter.

Schwab 1000 Index ETF Stock Down 0.5 %

NYSEARCA SCHK opened at $29.15 on Friday. The stock has a market capitalization of $1.98 billion, a P/E ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 52-week low of $23.33 and a 52-week high of $29.57. The firm has a 50-day moving average price of $28.92 and a 200 day moving average price of $27.82.

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.