IF Advisors LLC Invests $2.14 Million in Schwab US Large-Cap ETF $SCHX

IF Advisors LLC bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, Holdings Channel.com reports. The firm bought 79,415 shares of the company’s stock, valued at approximately $2,137,000. Schwab US Large-Cap ETF comprises 1.7% of IF Advisors LLC’s portfolio, making the stock its 18th largest holding.

Several other hedge funds also recently made changes to their positions in SCHX. Brighton Jones LLC increased its holdings in shares of Schwab US Large-Cap ETF by 198.5% in the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after purchasing an additional 140,539 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Schwab US Large-Cap ETF by 33.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock valued at $1,518,000 after purchasing an additional 15,522 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at about $633,000. Baird Financial Group Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after purchasing an additional 7,045 shares in the last quarter. Finally, Ieq Capital LLC increased its holdings in shares of Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock valued at $6,061,000 after purchasing an additional 20,758 shares in the last quarter.

Schwab US Large-Cap ETF Stock Up 0.2%

Shares of SCHX opened at $29.76 on Friday. The company has a 50-day simple moving average of $27.69 and a 200-day simple moving average of $27.20. The company has a market capitalization of $71.76 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52-week low of $21.81 and a 52-week high of $29.83.

About Schwab US Large-Cap ETF

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.