Cooper Haims Advisors LLC Takes $36 Million Position in Schwab 1000 Index ETF $SCHK

Cooper Haims Advisors LLC purchased a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the second quarter, Holdings Channel reports. The institutional investor purchased 992,925 shares of the company’s stock, valued at approximately $36,003,000. Schwab 1000 Index ETF comprises 14.4% of Cooper Haims Advisors LLC’s investment portfolio, making the stock its biggest position.

A number of other large investors also recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC purchased a new position in Schwab 1000 Index ETF during the second quarter valued at $309,000. Nwam LLC acquired a new position in shares of Schwab 1000 Index ETF during the 2nd quarter worth about $9,425,000. Covington Investment Advisors Inc. purchased a new position in Schwab 1000 Index ETF in the 2nd quarter valued at about $437,000. JNBA Financial Advisors acquired a new stake in Schwab 1000 Index ETF in the 2nd quarter worth about $19,247,000. Finally, Strategic Advisors LLC acquired a new stake in Schwab 1000 Index ETF in the 2nd quarter worth about $522,000.

Schwab 1000 Index ETF Price Performance

Shares of Schwab 1000 Index ETF stock opened at $36.97 on Tuesday. The stock has a market capitalization of $5.87 billion, a P/E ratio of 25.42 and a beta of 1.01. The business has a 50 day simple moving average of $36.40 and a two-hundred day simple moving average of $34.78. Schwab 1000 Index ETF has a 12 month low of $30.30 and a 12 month high of $37.62.

Schwab 1000 Index ETF Profile

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.