Schwab 1000 Index ETF $SCHK Shares Sold by SouthState Bank Corp

SouthState Bank Corp lessened its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 75.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,750 shares of the company’s stock after selling 26,462 shares during the quarter. SouthState Bank Corp’s holdings in Schwab 1000 Index ETF were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of SCHK. Royal Bank of Canada raised 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 last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Schwab 1000 Index ETF during the 1st quarter worth $232,000. Goldman Sachs Group Inc. acquired a new stake in shares of Schwab 1000 Index ETF during the first quarter worth $629,000. Jane Street Group LLC acquired a new stake in shares of Schwab 1000 Index ETF during the first quarter worth $2,157,000. Finally, US Bancorp DE grew its position in shares of Schwab 1000 Index ETF by 38.1% in the second quarter. US Bancorp DE now owns 217,159 shares of the company’s stock valued at $6,476,000 after purchasing an additional 59,931 shares during the period.

Schwab 1000 Index ETF Trading Up 2.1%

NYSEARCA SCHK opened at $33.28 on Friday. The business’s 50-day moving average price is $33.08 and its 200 day moving average price is $32.20. Schwab 1000 Index ETF has a twelve month low of $23.18 and a twelve month high of $33.62. The company has a market capitalization of $4.98 billion, a PE ratio of 25.42 and a beta of 1.02.

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.