Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Purchased by Manchester Financial Inc.

Manchester Financial Inc. raised its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,450 shares of the company’s stock after acquiring an additional 3,725 shares during the quarter. Manchester Financial Inc.’s holdings in Schwab 1000 Index ETF were worth $211,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC boosted its stake in shares of Schwab 1000 Index ETF by 36.9% in the third quarter. HighTower Advisors LLC now owns 5,614 shares of the company’s stock valued at $311,000 after purchasing an additional 1,512 shares during the period. Invst LLC acquired a new stake in shares of Schwab 1000 Index ETF during the third quarter valued at about $208,000. GAMMA Investing LLC increased its position in shares of Schwab 1000 Index ETF by 100.0% during the fourth quarter. GAMMA Investing LLC now owns 18,364 shares of the company’s stock worth $520,000 after acquiring 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 third quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock worth $315,000 after acquiring an additional 396 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its holdings in Schwab 1000 Index ETF by 86.0% in the fourth quarter. Stratos Wealth Advisors LLC now owns 18,066 shares of the company’s stock valued at $511,000 after purchasing an additional 8,354 shares during the last quarter.

Schwab 1000 Index ETF Stock Up 1.1 %

Shares of NYSEARCA SCHK opened at $29.51 on Friday. Schwab 1000 Index ETF has a fifty-two week low of $23.86 and a fifty-two week high of $29.57. The business has a 50 day moving average price of $28.92 and a two-hundred day moving average price of $27.99. The firm has a market cap of $2.01 billion, a PE ratio of 26.06 and a beta of 1.02.

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.