GEN Financial Management INC. Makes New $25.88 Million Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

GEN Financial Management INC. acquired a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 1,116,276 shares of the company’s stock, valued at approximately $25,875,000. Schwab US Large-Cap ETF accounts for about 16.8% of GEN Financial Management INC.’s holdings, making the stock its 2nd biggest position.

Other hedge funds also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new position in shares of Schwab US Large-Cap ETF during the second quarter worth about $1,009,000. Marshall Wace LLP purchased a new position in shares of Schwab US Large-Cap ETF during the second quarter worth about $367,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of Schwab US Large-Cap ETF during the third quarter worth about $62,000. Park Avenue Securities LLC grew its holdings in shares of Schwab US Large-Cap ETF by 8.0% during the third quarter. Park Avenue Securities LLC now owns 19,934 shares of the company’s stock worth $1,353,000 after buying an additional 1,481 shares during the last quarter. Finally, Miracle Mile Advisors LLC grew its holdings in shares of Schwab US Large-Cap ETF by 9.0% during the third quarter. Miracle Mile Advisors LLC now owns 8,499 shares of the company’s stock worth $577,000 after buying an additional 699 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 0.6 %

NYSEARCA SCHX opened at $23.72 on Tuesday. Schwab US Large-Cap ETF has a 52-week low of $19.35 and a 52-week high of $24.23. The business’s 50-day moving average price is $23.69 and its 200 day moving average price is $22.79. The firm has a market cap of $15.46 billion, a P/E ratio of 26.53 and a beta of 1.02.

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.