57,786 Shares of Schwab 1000 Index ETF $SCHK Purchased by WESPAC Advisors LLC

WESPAC Advisors LLC bought a new position in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 57,786 shares of the company’s stock, valued at approximately $2,118,000. Schwab 1000 Index ETF makes up about 1.1% of WESPAC Advisors LLC’s portfolio, making the stock its 18th largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC raised its stake in shares of Schwab 1000 Index ETF by 7.3% during the third quarter. Kingswood Wealth Advisors LLC now owns 9,005 shares of the company’s stock valued at $330,000 after acquiring an additional 610 shares in the last quarter. Opulen Financial Group LLC grew its stake in Schwab 1000 Index ETF by 57.8% in the third quarter. Opulen Financial Group LLC now owns 54,724 shares of the company’s stock worth $2,006,000 after purchasing an additional 20,052 shares in the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter worth $856,000. IFP Advisors Inc lifted its holdings in shares of Schwab 1000 Index ETF by 11.3% in the 3rd quarter. IFP Advisors Inc now owns 4,488 shares of the company’s stock worth $165,000 after buying an additional 455 shares during the period. Finally, Pension & Wealth Management Advisors Inc. grew its position in shares of Schwab 1000 Index ETF by 6.8% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,397,559 shares of the company’s stock worth $51,235,000 after buying an additional 88,672 shares in the last quarter.

Schwab 1000 Index ETF Trading Up 0.7%

SCHK opened at $36.76 on Tuesday. The company has a market capitalization of $5.74 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01. Schwab 1000 Index ETF has a 12-month low of $30.30 and a 12-month high of $37.62. The business’s fifty day simple moving average is $36.95 and its 200-day simple moving average is $35.03.

About Schwab 1000 Index ETF

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.