Schwab 1000 Index ETF (NYSEARCA:SCHK) Hits New 1-Year High at $53.07

Shares of Schwab 1000 Index ETF (NYSEARCA:SCHKGet Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $53.07 and last traded at $53.07, with a volume of 8429 shares traded. The stock had previously closed at $53.01.

Schwab 1000 Index ETF Stock Up 0.5 %

The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The company’s fifty day simple moving average is $51.29 and its 200 day simple moving average is $49.28.

Institutional Investors Weigh In On Schwab 1000 Index ETF

Several hedge funds have recently bought and sold shares of the stock. Woodmont Investment Counsel LLC bought a new position in shares of Schwab 1000 Index ETF during the first quarter worth approximately $26,000. Private Ocean LLC raised its stake in Schwab 1000 Index ETF by 73.4% in the fourth quarter. Private Ocean LLC now owns 796 shares of the company’s stock valued at $37,000 after purchasing an additional 337 shares in the last quarter. Sound Income Strategies LLC bought a new stake in Schwab 1000 Index ETF during the fourth quarter worth about $43,000. Clear Investment Research LLC bought a new position in Schwab 1000 Index ETF in the 4th quarter valued at about $87,000. Finally, TD Capital Management LLC raised its position in shares of Schwab 1000 Index ETF by 30.5% in the 4th quarter. TD Capital Management LLC now owns 2,508 shares of the company’s stock valued at $116,000 after buying an additional 586 shares in the last quarter.

Schwab 1000 Index ETF Company Profile

(Get Free Report)

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.

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