Schwab US Large-Cap ETF $SCHX is FPC Investment Advisory Inc.’s 2nd Largest Position

FPC Investment Advisory Inc. grew its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 5.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,069,325 shares of the company’s stock after buying an additional 56,534 shares during the quarter. Schwab US Large-Cap ETF comprises 15.8% of FPC Investment Advisory Inc.’s portfolio, making the stock its 2nd largest holding. FPC Investment Advisory Inc.’s holdings in Schwab US Large-Cap ETF were worth $28,776,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHX. Brighton Jones LLC raised its position in shares of Schwab US Large-Cap ETF by 198.5% during the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after acquiring an additional 140,539 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Schwab US Large-Cap ETF by 33.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after acquiring an additional 15,522 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of Schwab US Large-Cap ETF during the 2nd quarter worth about $633,000. Baird Financial Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 25.1% during the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after acquiring an additional 7,045 shares in the last quarter. Finally, Ieq Capital LLC raised its position in shares of Schwab US Large-Cap ETF by 9.1% during the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after acquiring an additional 20,758 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $29.52 on Thursday. Schwab US Large-Cap ETF has a fifty-two week low of $21.81 and a fifty-two week high of $29.59. The firm has a market capitalization of $71.18 billion, a PE ratio of 25.66 and a beta of 1.01. The stock’s 50-day simple moving average is $27.55 and its 200-day simple moving average is $27.16.

Schwab US Large-Cap ETF Company 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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.