Schwab 1000 Index ETF (NYSEARCA:SCHK) Sets New 12-Month High – Here’s Why

Schwab 1000 Index ETF (NYSEARCA:SCHK)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $37.48 and last traded at $37.47, with a volume of 29264 shares trading hands. The stock had previously closed at $37.31.

Schwab 1000 Index ETF Stock Down 0.2%

The company has a 50-day moving average of $36.14 and a 200 day moving average of $34.48. The firm has a market capitalization of $5.95 billion, a PE ratio of 25.42 and a beta of 1.01.

Institutional Trading of Schwab 1000 Index ETF

A number of large investors have recently modified their holdings of the business. Archer Investment Corp bought a new position in shares of Schwab 1000 Index ETF in the first quarter worth approximately $26,000. Atlas Capital Advisors Inc. purchased a new stake in Schwab 1000 Index ETF in the fourth quarter valued at approximately $31,000. Garner Asset Management Corp bought a new stake in Schwab 1000 Index ETF during the fourth quarter valued at approximately $44,000. JFS Wealth Advisors LLC lifted its position in Schwab 1000 Index ETF by 385.0% during the second quarter. JFS Wealth Advisors LLC now owns 1,911 shares of the company’s stock valued at $69,000 after purchasing an additional 1,517 shares during the last quarter. Finally, Angeles Wealth Management LLC bought a new stake in Schwab 1000 Index ETF during the first quarter valued at approximately $63,000.

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.