Summit Financial Consulting LLC Makes New Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Summit Financial Consulting LLC acquired a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 251,227 shares of the company’s stock, valued at approximately $5,547,000. Schwab US Large-Cap ETF makes up 5.1% of Summit Financial Consulting LLC’s holdings, making the stock its 7th largest position.

Several other large investors also recently bought and sold shares of SCHX. Prudent Man Investment Management Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $26,000. Harbor Investment Advisory LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the first quarter valued at approximately $25,000. Delta Asset Management LLC TN grew its position in shares of Schwab US Large-Cap ETF by 200.0% in the fourth quarter. Delta Asset Management LLC TN now owns 1,350 shares of the company’s stock valued at $31,000 after purchasing an additional 900 shares in the last quarter. Bellwether Advisors LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $32,000. Finally, West Paces Advisors Inc. grew its position in shares of Schwab US Large-Cap ETF by 199.8% in the fourth quarter. West Paces Advisors Inc. now owns 1,406 shares of the company’s stock valued at $33,000 after purchasing an additional 937 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $24.77 on Friday. The business has a 50 day simple moving average of $23.38 and a 200-day simple moving average of $23.00. The firm has a market capitalization of $56.61 billion, a PE ratio of 25.15 and a beta of 1.01. Schwab US Large-Cap ETF has a 1 year low of $19.00 and a 1 year high of $24.80.

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.