SVRN Asset Management LLC Acquires Shares of 32,400 Schwab US Large-Cap ETF $SCHX

SVRN Asset Management LLC acquired a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, Holdings Channel.com reports. The fund acquired 32,400 shares of the company’s stock, valued at approximately $872,000. Schwab US Large-Cap ETF makes up approximately 0.7% of SVRN Asset Management LLC’s investment portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFC & Insurance Marketing Inc. acquired a new position in Schwab US Large-Cap ETF during the 4th quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Schwab US Large-Cap ETF in the third quarter worth $26,000. Optima Capital LLC acquired a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $29,000. Tidemark LLC increased its position in Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after buying an additional 1,053 shares during the period. Finally, Ransom Advisory Ltd acquired a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $40,000.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA SCHX opened at $29.21 on Friday. Schwab US Large-Cap ETF has a 1-year low of $23.50 and a 1-year high of $29.95. The business’s fifty day moving average price is $28.43 and its two-hundred day moving average price is $27.41. The firm has a market capitalization of $70.44 billion, a PE ratio of 25.66 and a beta of 1.01.

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.