Prospect Financial Group LLC Takes $452,000 Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Prospect Financial Group LLC bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 21,482 shares of the company’s stock, valued at approximately $452,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHH. FMR LLC lifted its position in shares of Schwab U.S. REIT ETF by 49,667.6% during the third quarter. FMR LLC now owns 24,645,889 shares of the company’s stock worth $571,045,000 after purchasing an additional 24,596,367 shares in the last quarter. Brooklyn FI LLC increased its stake in Schwab U.S. REIT ETF by 6,300.2% during the 4th quarter. Brooklyn FI LLC now owns 7,689,304 shares of the company’s stock worth $171,853,000 after buying an additional 7,569,163 shares during the period. US Bancorp DE lifted its holdings in Schwab U.S. REIT ETF by 3.1% during the 4th quarter. US Bancorp DE now owns 28,445,009 shares of the company’s stock worth $599,055,000 after buying an additional 850,612 shares in the last quarter. Benjamin Edwards Inc. boosted its position in Schwab U.S. REIT ETF by 9,727.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 856,099 shares of the company’s stock valued at $19,834,000 after buying an additional 847,388 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of Schwab U.S. REIT ETF by 101.9% in the third quarter. BNP Paribas Financial Markets now owns 1,071,927 shares of the company’s stock worth $24,837,000 after acquiring an additional 540,925 shares in the last quarter.

Schwab U.S. REIT ETF Trading Up 1.5 %

Schwab U.S. REIT ETF stock opened at $21.55 on Tuesday. The firm has a market capitalization of $7.56 billion, a P/E ratio of 32.19 and a beta of 1.06. The stock’s fifty day simple moving average is $21.47 and its 200-day simple moving average is $22.04. Schwab U.S. REIT ETF has a twelve month low of $18.45 and a twelve month high of $23.66.

About Schwab U.S. REIT ETF

The Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund that is based on the Dow Jones Equity All REIT Capped index, a market-cap-weighted index of US real estate investment trusts, excluding mortgage REITs and hybrid REITs. SCHH was launched on Jan 13, 2011 and is managed by Charles Schwab.