Nwam LLC purchased a new position in Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 261,366 shares of the company’s stock, valued at approximately $9,425,000. Nwam LLC owned 0.16% of Schwab 1000 Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada grew its position in Schwab 1000 Index ETF by 20.6% during the first quarter. Royal Bank of Canada now owns 9,116 shares of the company’s stock worth $245,000 after buying an additional 1,556 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Schwab 1000 Index ETF in the 1st quarter valued at about $232,000. Goldman Sachs Group Inc. bought a new stake in shares of Schwab 1000 Index ETF during the 1st quarter valued at about $629,000. Jane Street Group LLC bought a new stake in shares of Schwab 1000 Index ETF during the 1st quarter valued at about $2,157,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Schwab 1000 Index ETF by 50.8% during the second quarter. JPMorgan Chase & Co. now owns 17,110 shares of the company’s stock worth $510,000 after purchasing an additional 5,766 shares in the last quarter.
Schwab 1000 Index ETF Trading Down 0.3%
SCHK stock opened at $36.97 on Tuesday. The company’s 50 day moving average is $36.40 and its 200 day moving average is $34.78. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01. Schwab 1000 Index ETF has a 1-year low of $30.30 and a 1-year 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.
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