Two Sigma Investments LP Buys Shares of 438,200 Schwab 1000 Index ETF (NYSEARCA:SCHK)

Two Sigma Investments LP bought a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 438,200 shares of the company’s stock, valued at approximately $12,405,000. Two Sigma Investments LP owned 0.64% of Schwab 1000 Index ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. increased its holdings in Schwab 1000 Index ETF by 66.8% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 47,716,110 shares of the company’s stock valued at $1,350,843,000 after buying an additional 19,115,413 shares during the last quarter. Legacy Wealth Management Inc increased its position in Schwab 1000 Index ETF by 94.0% in the fourth quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock worth $197,340,000 after buying an additional 3,377,865 shares in the last quarter. Warwick Investment Management Inc. increased its position in Schwab 1000 Index ETF by 109.2% in the fourth quarter. Warwick Investment Management Inc. now owns 4,387,948 shares of the company’s stock worth $124,223,000 after buying an additional 2,290,163 shares in the last quarter. Waddell & Associates LLC lifted its position in shares of Schwab 1000 Index ETF by 101.4% during the 4th quarter. Waddell & Associates LLC now owns 1,939,058 shares of the company’s stock valued at $54,895,000 after buying an additional 976,332 shares in the last quarter. Finally, Lighthouse Wealth Management Inc. purchased a new position in shares of Schwab 1000 Index ETF during the 4th quarter valued at about $9,549,000.

Schwab 1000 Index ETF Trading Down 0.6%

Shares of NYSEARCA:SCHK opened at $27.95 on Friday. The stock has a 50 day moving average of $26.71 and a 200 day moving average of $28.04. The company has a market cap of $4.06 billion, a PE ratio of 25.96 and a beta of 1.03. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $29.65.

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.