Patriot Investment Management Group Inc. Purchases 249,299 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Patriot Investment Management Group Inc. increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 206.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 369,931 shares of the company’s stock after buying an additional 249,299 shares during the quarter. Schwab US Large-Cap ETF comprises 0.6% of Patriot Investment Management Group Inc.’s holdings, making the stock its 26th largest position. Patriot Investment Management Group Inc.’s holdings in Schwab US Large-Cap ETF were worth $8,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Concourse Financial Group Securities Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after acquiring an additional 258 shares during the last quarter. Versant Capital Management Inc increased its holdings in Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after purchasing an additional 842 shares during the period. IFS Advisors LLC bought a new position in Schwab US Large-Cap ETF during the 4th quarter valued at approximately $30,000. Brooklyn Investment Group purchased a new stake in Schwab US Large-Cap ETF in the 4th quarter worth approximately $32,000. Finally, Rise Advisors LLC grew its position in shares of Schwab US Large-Cap ETF by 459.5% in the 4th quarter. Rise Advisors LLC now owns 1,410 shares of the company’s stock worth $33,000 after buying an additional 1,158 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $24.19 on Friday. The stock’s 50 day moving average price is $23.61 and its 200-day moving average price is $22.69. The stock has a market capitalization of $15.77 billion, a PE ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $19.08 and a 52-week high of $24.19.

About Schwab US Large-Cap ETF

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.