Prime Capital Investment Advisors LLC Buys 23,348 Shares of Schwab 1000 Index ETF $SCHK

Prime Capital Investment Advisors LLC purchased a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 23,348 shares of the company’s stock, valued at approximately $856,000.

Other hedge funds also recently made changes to their positions in the company. Cambient Family Office LLC boosted its stake in shares of Schwab 1000 Index ETF by 1.5% in the 1st quarter. Cambient Family Office LLC now owns 23,966 shares of the company’s stock valued at $751,000 after purchasing an additional 346 shares during the last quarter. IFP Advisors Inc grew its stake in Schwab 1000 Index ETF by 11.3% during the third quarter. IFP Advisors Inc now owns 4,488 shares of the company’s stock worth $165,000 after purchasing an additional 455 shares during the period. Sanctuary Advisors LLC lifted its stake in Schwab 1000 Index ETF by 1.7% in the first quarter. Sanctuary Advisors LLC now owns 30,659 shares of the company’s stock valued at $961,000 after buying an additional 498 shares during the period. Guardian Wealth Advisors LLC NC boosted its holdings in shares of Schwab 1000 Index ETF by 0.7% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 77,113 shares of the company’s stock worth $2,781,000 after buying an additional 523 shares in the last quarter. Finally, Kaizen Financial Strategies increased its stake in shares of Schwab 1000 Index ETF by 2.8% in the 3rd quarter. Kaizen Financial Strategies now owns 24,415 shares of the company’s stock valued at $895,000 after acquiring an additional 655 shares in the last quarter.

Schwab 1000 Index ETF Stock Down 0.5%

Shares of NYSEARCA SCHK opened at $36.49 on Friday. Schwab 1000 Index ETF has a 12-month low of $30.30 and a 12-month high of $37.62. The firm has a market cap of $5.70 billion, a PE ratio of 25.42 and a beta of 1.01. The company’s fifty day simple moving average is $36.96 and its 200 day simple moving average is $36.03.

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.