Schwab 1000 Index ETF (NYSEARCA:SCHK – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $36.95 and traded as high as $37.05. Schwab 1000 Index ETF shares last traded at $36.99, with a volume of 1,229,569 shares traded.
Schwab 1000 Index ETF Stock Up 0.6%
The firm has a market cap of $5.77 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01. The company’s 50-day moving average price is $36.95 and its 200-day moving average price is $35.05.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. IFP Advisors Inc increased its stake in Schwab 1000 Index ETF by 11.3% during the 3rd quarter. IFP Advisors Inc now owns 4,488 shares of the company’s stock worth $165,000 after buying an additional 455 shares during the period. Sanctuary Advisors LLC lifted its holdings in Schwab 1000 Index ETF by 1.7% during the 1st quarter. Sanctuary Advisors LLC now owns 30,659 shares of the company’s stock worth $961,000 after buying an additional 498 shares in the last quarter. Guardian Wealth Advisors LLC NC lifted its holdings in Schwab 1000 Index ETF by 0.7% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 77,113 shares of the company’s stock worth $2,781,000 after buying an additional 523 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its position in Schwab 1000 Index ETF by 7.3% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 9,005 shares of the company’s stock valued at $330,000 after buying an additional 610 shares during the period. Finally, Kaizen Financial Strategies boosted its position in Schwab 1000 Index ETF by 2.8% in the 3rd quarter. Kaizen Financial Strategies now owns 24,415 shares of the company’s stock valued at $895,000 after buying an additional 655 shares during the period.
Schwab 1000 Index ETF Company Profile
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.
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