Elevation Wealth Partners LLC Increases Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Elevation Wealth Partners LLC boosted its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,664 shares of the company’s stock after acquiring an additional 3,332 shares during the period. Elevation Wealth Partners LLC’s holdings in Schwab 1000 Index ETF were worth $189,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GHP Investment Advisors Inc. increased its stake in Schwab 1000 Index ETF by 100.8% in the fourth quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock valued at $28,000 after purchasing an additional 488 shares during the period. Breakwater Investment Management increased its stake in Schwab 1000 Index ETF by 100.0% in the fourth quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock valued at $33,000 after purchasing an additional 587 shares during the period. Mather Group LLC. increased its stake in Schwab 1000 Index ETF by 63.4% in the fourth quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock valued at $34,000 after purchasing an additional 472 shares during the period. Bartlett & CO. Wealth Management LLC increased its stake in Schwab 1000 Index ETF by 100.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 3,255 shares of the company’s stock valued at $92,000 after purchasing an additional 1,632 shares during the period. Finally, Pflug Koory LLC increased its stake in Schwab 1000 Index ETF by 100.0% in the fourth quarter. Pflug Koory LLC now owns 4,836 shares of the company’s stock valued at $137,000 after purchasing an additional 2,418 shares during the period.

Schwab 1000 Index ETF Stock Performance

NYSEARCA SCHK opened at $29.11 on Monday. The firm has a market cap of $1.98 billion, a PE ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a one year low of $23.72 and a one year high of $29.57. The firm’s fifty day moving average is $28.92 and its two-hundred day moving average is $27.92.

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.