Principia Wealth Advisory LLC Purchases 106,676 Shares of Schwab 1000 Index ETF $SCHK

Principia Wealth Advisory LLC lifted its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 1,091.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,446 shares of the company’s stock after purchasing an additional 106,676 shares during the period. Schwab 1000 Index ETF accounts for 0.9% of Principia Wealth Advisory LLC’s portfolio, making the stock its 14th largest holding. Principia Wealth Advisory LLC owned 0.07% of Schwab 1000 Index ETF worth $4,198,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Royal Bank of Canada grew its holdings 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 purchasing an additional 1,556 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Schwab 1000 Index ETF in the first quarter valued at approximately $232,000. Goldman Sachs Group Inc. bought a new stake in Schwab 1000 Index ETF in the first quarter valued at approximately $629,000. Jane Street Group LLC acquired a new stake in shares of Schwab 1000 Index ETF in the first quarter valued at approximately $2,157,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Schwab 1000 Index ETF by 50.8% in the second quarter. JPMorgan Chase & Co. now owns 17,110 shares of the company’s stock valued at $510,000 after buying an additional 5,766 shares during the last quarter.

Schwab 1000 Index ETF Stock Performance

Shares of NYSEARCA SCHK opened at $37.14 on Monday. Schwab 1000 Index ETF has a 12 month low of $30.30 and a 12 month high of $37.62. The stock has a 50 day moving average of $36.53 and a 200-day moving average of $34.89. The company has a market capitalization of $5.90 billion, a P/E ratio of 25.42 and a beta of 1.01.

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.