Lee Financial Co Makes New Investment in Schwab US Large-Cap ETF $SCHX

Lee Financial Co bought a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the third quarter, HoldingsChannel.com reports. The fund bought 340,100 shares of the company’s stock, valued at approximately $10,203,000. Schwab US Large-Cap ETF comprises 1.3% of Lee Financial Co’s investment portfolio, making the stock its 14th largest position.

Other hedge funds have also recently bought and sold shares of the company. Trust Co. of Vermont bought a new position in Schwab US Large-Cap ETF during the 2nd quarter valued at about $26,000. Toth Financial Advisory Corp bought a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at $27,000. Signature Resources Capital Management LLC raised its position in Schwab US Large-Cap ETF by 510.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after purchasing an additional 1,118 shares during the last quarter. TOP Private Wealth LLC. acquired a new position in Schwab US Large-Cap ETF in the second quarter worth $42,000. Finally, Markowski Investments acquired a new position in Schwab US Large-Cap ETF in the second quarter worth $46,000.

Schwab US Large-Cap ETF Stock Down 1.2%

Shares of NYSEARCA:SCHX opened at $30.00 on Friday. The firm has a market cap of $73.81 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $24.81 and a 12 month high of $30.79. The company’s 50-day moving average price is $30.29 and its two-hundred day moving average price is $29.31.

About Schwab US Large-Cap ETF

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.