Schwab 1000 Index ETF (NYSEARCA:SCHK) Short Interest Update

Schwab 1000 Index ETF (NYSEARCA:SCHK) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 69,869 shares, a decrease of 56.7% from the April 30th total of 161,542 shares. Based on an average daily volume of 467,622 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Schwab 1000 Index ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. raised its holdings in shares of Schwab 1000 Index ETF by 4.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 2,526,887 shares of the company’s stock worth $82,882,000 after buying an additional 97,075 shares during the period. Claro Advisors LLC purchased a new position in Schwab 1000 Index ETF during the 3rd quarter worth $1,085,000. Wolfstich Capital LLC purchased a new position in Schwab 1000 Index ETF during the 4th quarter worth $3,557,000. RFG Advisory LLC purchased a new position in Schwab 1000 Index ETF during the 3rd quarter worth $1,992,000. Finally, Waddell & Associates LLC increased its holdings in Schwab 1000 Index ETF by 3.2% during the 3rd quarter. Waddell & Associates LLC now owns 2,050,350 shares of the company’s stock worth $65,857,000 after purchasing an additional 63,322 shares during the period.

Schwab 1000 Index ETF Stock Performance

SCHK stock traded up $0.10 during midday trading on Monday, reaching $36.50. 1,068,618 shares of the company traded hands, compared to its average volume of 1,452,220. Schwab 1000 Index ETF has a 52-week low of $28.21 and a 52-week high of $36.60. The business has a 50 day moving average of $33.93 and a 200-day moving average of $33.24. The firm has a market capitalization of $5.57 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01.

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.