Summit Investment Advisory Services LLC Acquires 10,074 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Summit Investment Advisory Services LLC raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,111 shares of the company’s stock after buying an additional 10,074 shares during the quarter. Summit Investment Advisory Services LLC’s holdings in Schwab US Large-Cap ETF were worth $350,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Concourse Financial Group Securities Inc. raised its holdings in Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after acquiring an additional 258 shares in the last quarter. City State Bank acquired a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at $42,000. Marquette Asset Management LLC acquired a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at $43,000. Strategic Investment Solutions Inc. IL bought a new position in Schwab US Large-Cap ETF in the second quarter worth $45,000. Finally, Cornerstone Planning Group LLC boosted its stake in Schwab US Large-Cap ETF by 200.8% during the third quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock worth $54,000 after buying an additional 528 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $24.13 on Friday. The firm has a fifty day moving average of $23.64 and a 200-day moving average of $22.71. The stock has a market cap of $15.73 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $19.08 and a 52-week high of $24.23.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.