Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Up 0.6% – Here’s What Happened

Schwab 1000 Index ETF (NYSEARCA:SCHK)’s stock price traded up 0.6% during trading on Monday . The stock traded as high as $28.75 and last traded at $28.73. 526,226 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 447,756 shares. The stock had previously closed at $28.55.

Schwab 1000 Index ETF Stock Performance

The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The business’s 50 day moving average is $28.64 and its 200 day moving average is $27.36.

Institutional Investors Weigh In On Schwab 1000 Index ETF

Institutional investors have recently bought and sold shares of the business. Blake Schutter Theil Wealth Advisors LLC purchased a new stake in shares of Schwab 1000 Index ETF in the third quarter worth approximately $17,174,000. International Assets Investment Management LLC lifted its position in Schwab 1000 Index ETF by 19,941.3% in the 3rd quarter. International Assets Investment Management LLC now owns 107,622 shares of the company’s stock worth $5,950,000 after buying an additional 107,085 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Schwab 1000 Index ETF during the 2nd quarter valued at $2,278,000. Main Street Financial Solutions LLC grew its holdings in shares of Schwab 1000 Index ETF by 22.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 137,709 shares of the company’s stock valued at $7,206,000 after acquiring an additional 25,358 shares in the last quarter. Finally, One Capital Management LLC purchased a new stake in shares of Schwab 1000 Index ETF during the second quarter worth $1,254,000.

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.