Headlands Technologies LLC Purchases New Shares in Schwab 1000 Index ETF $SCHK

Headlands Technologies LLC bought a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 186,000 shares of the company’s stock, valued at approximately $6,707,000. Schwab 1000 Index ETF accounts for about 0.7% of Headlands Technologies LLC’s investment portfolio, making the stock its 23rd largest holding.

A number of other hedge funds have also bought and sold shares of the business. Archer Investment Corp bought a new stake in Schwab 1000 Index ETF in the first quarter worth about $26,000. Atlas Capital Advisors Inc. bought a new stake in Schwab 1000 Index ETF during the 4th quarter valued at $31,000. Garner Asset Management Corp purchased a new stake in shares of Schwab 1000 Index ETF during the fourth quarter worth $44,000. JFS Wealth Advisors LLC lifted its position in shares of Schwab 1000 Index ETF by 385.0% during the second quarter. JFS Wealth Advisors LLC now owns 1,911 shares of the company’s stock worth $69,000 after acquiring an additional 1,517 shares in the last quarter. Finally, Angeles Wealth Management LLC bought a new position in shares of Schwab 1000 Index ETF in the first quarter worth $63,000.

Schwab 1000 Index ETF Stock Performance

Shares of NYSEARCA SCHK opened at $37.09 on Monday. The stock has a market cap of $5.89 billion, a PE ratio of 25.42 and a beta of 1.01. Schwab 1000 Index ETF has a fifty-two week low of $30.30 and a fifty-two week high of $37.62. The stock has a fifty day moving average of $36.38 and a 200-day moving average of $34.76.

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.