MCF Advisors LLC Has $226,000 Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

MCF Advisors LLC raised its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,000 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. MCF Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $226,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers grew its position in shares of Schwab 1000 Index ETF by 1.4% in the 2nd quarter. Cetera Investment Advisers now owns 29,119 shares of the company’s stock valued at $1,524,000 after buying an additional 394 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Schwab 1000 Index ETF by 7.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock worth $315,000 after purchasing an additional 396 shares during the last quarter. Breakwater Investment Management lifted its position in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after purchasing an additional 587 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Schwab 1000 Index ETF by 6.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,562 shares of the company’s stock valued at $529,000 after purchasing an additional 611 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Schwab 1000 Index ETF by 5.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 23,890 shares of the company’s stock worth $1,250,000 after buying an additional 1,255 shares during the period.

Schwab 1000 Index ETF Stock Up 0.5 %

SCHK stock opened at $29.37 on Thursday. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The company’s fifty day simple moving average is $28.83 and its 200 day simple moving average is $27.71. Schwab 1000 Index ETF has a 12-month low of $23.33 and a 12-month high of $29.54.

Schwab 1000 Index ETF 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.