Schwab US Large-Cap ETF $SCHX Stock: IFP Advisors Inc Boosts Stake

IFP Advisors Inc lifted its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 789,539 shares of the company’s stock after buying an additional 32,971 shares during the quarter. IFP Advisors Inc’s holdings in Schwab US Large-Cap ETF were worth $23,686,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. SigFig Wealth Management LLC increased its holdings in shares of Schwab US Large-Cap ETF by 226.8% during the third quarter. SigFig Wealth Management LLC now owns 6,835,181 shares of the company’s stock valued at $205,055,000 after purchasing an additional 4,743,566 shares during the period. Financial Solutions Advisory Group Inc. bought a new stake in shares of Schwab US Large-Cap ETF during the first quarter valued at about $70,778,000. Scarborough Advisors LLC bought a new stake in shares of Schwab US Large-Cap ETF during the first quarter valued at about $60,491,000. Bangor Savings Bank acquired a new stake in Schwab US Large-Cap ETF in the third quarter worth about $55,223,000. Finally, Corient Private Wealth LLC lifted its holdings in Schwab US Large-Cap ETF by 28.8% in the fourth quarter. Corient Private Wealth LLC now owns 7,064,100 shares of the company’s stock worth $190,107,000 after purchasing an additional 1,578,858 shares during the period.

Schwab US Large-Cap ETF Stock Down 1.2%

SCHX stock opened at $30.00 on Friday. The company has a 50-day simple moving average of $30.29 and a 200 day simple moving average of $29.31. The company has a market capitalization of $73.81 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a fifty-two week low of $24.81 and a fifty-two week high of $30.79.

Schwab US Large-Cap ETF Company 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.