Prime Capital Investment Advisors LLC Reduces Stock Position in Schwab US Large-Cap ETF $SCHX

Prime Capital Investment Advisors LLC trimmed its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 30.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,090,995 shares of the company’s stock after selling 4,844,069 shares during the period. Schwab US Large-Cap ETF comprises about 3.6% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 3rd largest position. Prime Capital Investment Advisors LLC owned approximately 0.48% of Schwab US Large-Cap ETF worth $271,064,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHX. Crews Bank & Trust acquired a new position in Schwab US Large-Cap ETF in the 2nd quarter worth approximately $26,000. Orion Capital Management LLC acquired a new position in shares of Schwab US Large-Cap ETF during the first quarter valued at approximately $27,000. S.A. Mason LLC purchased a new position in Schwab US Large-Cap ETF in the 2nd quarter valued at $29,000. Bridge Generations Wealth Management LLC grew its stake in Schwab US Large-Cap ETF by 238.7% during the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,592 shares of the company’s stock valued at $35,000 after acquiring an additional 1,122 shares in the last quarter. Finally, MorganRosel Wealth Management LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the first quarter valued at approximately $36,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX opened at $26.48 on Monday. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $26.63. The company’s 50-day moving average is $25.68 and its two-hundred day moving average is $23.93. The firm has a market capitalization of $61.36 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.