Jacobs Equity LLC Makes New $6.52 Million Investment in Schwab US Large-Cap ETF $SCHX

Jacobs Equity LLC purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 242,302 shares of the company’s stock, valued at approximately $6,520,000. Schwab US Large-Cap ETF accounts for 6.3% of Jacobs Equity LLC’s holdings, making the stock its 2nd largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. IFC & Insurance Marketing Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $26,000. Optima Capital LLC purchased a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at about $29,000. Tidemark LLC boosted its holdings in Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after acquiring an additional 1,053 shares during the period. Finally, Acumen Wealth Advisors LLC bought a new position in Schwab US Large-Cap ETF during the 4th quarter worth approximately $39,000.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock opened at $29.49 on Friday. The business’s 50 day simple moving average is $28.72 and its two-hundred day simple moving average is $27.49. The stock has a market capitalization of $71.11 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a one year low of $23.50 and a one year high of $29.95.

Schwab US Large-Cap ETF 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.