Richardson Capital Management LLC grew its position in Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report) by 98.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,174 shares of the company’s stock after purchasing an additional 30,903 shares during the period. Schwab 1000 Index ETF comprises about 1.1% of Richardson Capital Management LLC’s portfolio, making the stock its 8th largest position. Richardson Capital Management LLC owned about 0.09% of Schwab 1000 Index ETF worth $1,760,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Schwab 1000 Index ETF by 7.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock valued at $315,000 after purchasing an additional 396 shares during the last quarter. Mather Group LLC. raised its position in Schwab 1000 Index ETF by 63.4% in the fourth quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after acquiring an additional 472 shares during the period. GHP Investment Advisors Inc. boosted its stake in Schwab 1000 Index ETF by 100.8% in the fourth quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock valued at $28,000 after acquiring an additional 488 shares during the last quarter. Blue Trust Inc. grew its position in shares of Schwab 1000 Index ETF by 100.0% during the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock valued at $32,000 after acquiring an additional 574 shares during the period. Finally, Breakwater Investment Management increased its stake in shares of Schwab 1000 Index ETF by 100.0% during 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 last quarter.
Schwab 1000 Index ETF Trading Down 1.9 %
Schwab 1000 Index ETF stock opened at $28.94 on Friday. The business’s 50 day simple moving average is $28.94 and its 200 day simple moving average is $28.16. Schwab 1000 Index ETF has a 12 month low of $23.86 and a 12 month high of $29.65. The company has a market cap of $4.09 billion, a price-to-earnings ratio of 26.34 and a beta of 1.03.
About Schwab 1000 Index ETF
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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