Sheets Smith Wealth Management Purchases 228,833 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Sheets Smith Wealth Management grew its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 84.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 499,366 shares of the company’s stock after acquiring an additional 228,833 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 3.4% of Sheets Smith Wealth Management’s holdings, making the stock its 2nd largest position. Sheets Smith Wealth Management owned approximately 0.08% of Schwab US Large-Cap ETF worth $28,164,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James & Associates grew its position in Schwab US Large-Cap ETF by 36.5% in the third quarter. Raymond James & Associates now owns 86,613 shares of the company’s stock worth $4,383,000 after acquiring an additional 23,181 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in Schwab US Large-Cap ETF by 3.8% in the third quarter. Stratos Wealth Partners LTD. now owns 42,601 shares of the company’s stock valued at $2,156,000 after acquiring an additional 1,556 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in Schwab US Large-Cap ETF by 43.9% during the third quarter. J.W. Cole Advisors Inc. now owns 10,528 shares of the company’s stock valued at $533,000 after purchasing an additional 3,212 shares in the last quarter. Everhart Financial Group Inc. grew its position in Schwab US Large-Cap ETF by 30.5% in the third quarter. Everhart Financial Group Inc. now owns 25,811 shares of the company’s stock valued at $1,306,000 after acquiring an additional 6,030 shares during the period. Finally, ETF Store Inc. increased its position in shares of Schwab US Large-Cap ETF by 0.5% during the 3rd quarter. ETF Store Inc. now owns 107,316 shares of the company’s stock worth $5,457,000 after purchasing an additional 515 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX traded up $0.71 on Friday, hitting $60.63. The company’s stock had a trading volume of 2,959,907 shares, compared to its average volume of 1,835,867. Schwab US Large-Cap ETF has a fifty-two week low of $47.57 and a fifty-two week high of $62.24. The company has a market capitalization of $39.35 billion, a PE ratio of 25.47 and a beta of 1.02. The company has a 50 day moving average price of $60.73 and a 200 day moving average price of $57.13.

About Schwab US Large-Cap ETF

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.