Summit Place Financial Advisors LLC Increases Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Summit Place Financial Advisors LLC increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 173.0% in the 4th quarter, Holdings Channel reports. The fund owned 146,138 shares of the company’s stock after buying an additional 92,605 shares during the quarter. Schwab US Large-Cap ETF comprises about 1.9% of Summit Place Financial Advisors LLC’s holdings, making the stock its 17th largest position. Summit Place Financial Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $3,387,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Financial Consulate Inc. grew its position in Schwab US Large-Cap ETF by 205.3% in the fourth quarter. Financial Consulate Inc. now owns 3,757,492 shares of the company’s stock worth $87,099,000 after acquiring an additional 2,526,745 shares in the last quarter. Pegasus Asset Management Inc. boosted its position in Schwab US Large-Cap ETF by 45.7% during the fourth quarter. Pegasus Asset Management Inc. now owns 9,669 shares of the company’s stock valued at $224,000 after buying an additional 3,035 shares during the period. Clear Point Advisors Inc. boosted its position in Schwab US Large-Cap ETF by 199.3% during the fourth quarter. Clear Point Advisors Inc. now owns 87,828 shares of the company’s stock valued at $2,036,000 after buying an additional 58,479 shares during the period. Financial Management Network Inc. boosted its position in Schwab US Large-Cap ETF by 176.3% during the fourth quarter. Financial Management Network Inc. now owns 22,127 shares of the company’s stock valued at $519,000 after buying an additional 14,120 shares during the period. Finally, Global Retirement Partners LLC boosted its position in Schwab US Large-Cap ETF by 139.3% during the fourth quarter. Global Retirement Partners LLC now owns 65,455 shares of the company’s stock valued at $1,517,000 after buying an additional 38,103 shares during the period.

Schwab US Large-Cap ETF Trading Up 0.2 %

Schwab US Large-Cap ETF stock opened at $24.26 on Wednesday. The firm has a 50-day moving average of $23.70 and a 200-day moving average of $22.98. The firm has a market cap of $15.82 billion, a P/E ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 1-year low of $19.50 and a 1-year high of $24.26.

Schwab US Large-Cap ETF Company 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.