Schwab 1000 Index ETF (NYSEARCA:SCHK) Short Interest Update

Schwab 1000 Index ETF (NYSEARCA:SCHK) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 202,007 shares, an increase of 104.5% from the June 15th total of 98,799 shares. Based on an average trading volume of 747,878 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Schwab 1000 Index ETF

Hedge funds have recently made changes to their positions in the stock. Cambient Family Office LLC raised its stake in Schwab 1000 Index ETF by 1.5% in the first quarter. Cambient Family Office LLC now owns 23,966 shares of the company’s stock valued at $751,000 after buying an additional 346 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Schwab 1000 Index ETF by 10.9% during the fourth quarter. IFP Advisors Inc now owns 3,891 shares of the company’s stock valued at $128,000 after acquiring an additional 382 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in shares of Schwab 1000 Index ETF by 1.7% during the first quarter. Sanctuary Advisors LLC now owns 30,659 shares of the company’s stock valued at $961,000 after acquiring an additional 498 shares in the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of Schwab 1000 Index ETF by 5.9% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 10,018 shares of the company’s stock valued at $329,000 after purchasing an additional 557 shares during the last quarter. Finally, Equitable Holdings Inc. raised its position in shares of Schwab 1000 Index ETF by 3.0% in the 3rd quarter. Equitable Holdings Inc. now owns 21,567 shares of the company’s stock valued at $693,000 after purchasing an additional 635 shares during the last quarter.

Schwab 1000 Index ETF Price Performance

SCHK stock traded down $0.33 during mid-day trading on Friday, reaching $35.87. The company had a trading volume of 805,684 shares, compared to its average volume of 1,299,476. The company has a market capitalization of $5.68 billion, a PE ratio of 25.42 and a beta of 1.01. The firm has a 50 day moving average of $35.90 and a 200 day moving average of $34.01. Schwab 1000 Index ETF has a 12 month low of $29.89 and a 12 month high of $36.63.

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.