Parallel Advisors LLC Trims Stock Holdings in Schwab US Large-Cap ETF $SCHX

Parallel Advisors LLC lowered its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 30.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 158,784 shares of the company’s stock after selling 69,631 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $4,273,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in Schwab US Large-Cap ETF in the third quarter valued at approximately $26,000. Optima Capital LLC purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $29,000. Tidemark LLC lifted its stake 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 valued at $34,000 after buying an additional 1,053 shares during the last quarter. Ransom Advisory Ltd purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $40,000. Finally, Lodestone Wealth Management LLC purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $50,000.

Schwab US Large-Cap ETF Trading Down 2.6%

Shares of NYSEARCA SCHX opened at $29.05 on Friday. Schwab US Large-Cap ETF has a twelve month low of $21.81 and a twelve month high of $29.95. The stock has a 50 day moving average of $28.07 and a two-hundred day moving average of $27.30. The stock has a market cap of $70.05 billion, a P/E ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Profile

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.