MCF Advisors LLC Purchases Shares of 4,000 Schwab 1000 Index ETF (NYSEARCA:SCHK)

MCF Advisors LLC purchased a new stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,000 shares of the company’s stock, valued at approximately $184,000.

A number of other hedge funds also recently bought and sold shares of the company. Red Tortoise LLC boosted its holdings in Schwab 1000 Index ETF by 17.4% during the fourth quarter. Red Tortoise LLC now owns 22,358 shares of the company’s stock valued at $1,030,000 after acquiring an additional 3,311 shares during the period. Cerity Partners LLC bought a new stake in shares of Schwab 1000 Index ETF in the fourth quarter valued at about $2,207,000. International Assets Investment Management LLC lifted its stake in shares of Schwab 1000 Index ETF by 4,506.0% in the fourth quarter. International Assets Investment Management LLC now owns 24,734 shares of the company’s stock valued at $1,139,000 after buying an additional 24,197 shares during the period. Stratos Wealth Advisors LLC lifted its stake in shares of Schwab 1000 Index ETF by 11.3% in the fourth quarter. Stratos Wealth Advisors LLC now owns 10,134 shares of the company’s stock valued at $467,000 after buying an additional 1,026 shares during the period. Finally, TIAA Trust National Association bought a new stake in shares of Schwab 1000 Index ETF in the fourth quarter valued at about $388,000.

Schwab 1000 Index ETF Price Performance

Shares of NYSEARCA SCHK traded up $0.19 during mid-day trading on Monday, hitting $48.02. The company had a trading volume of 52,322 shares, compared to its average volume of 337,161. The business’s 50-day simple moving average is $49.43 and its 200-day simple moving average is $46.09. Schwab 1000 Index ETF has a 12 month low of $38.87 and a 12 month high of $50.77. The firm has a market cap of $3.26 billion, a P/E ratio of 25.07 and a beta of 1.02.

Schwab 1000 Index ETF Company 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.