Baker Avenue Asset Management LP Buys 90,748 Shares of Schwab US Large-Cap ETF $SCHX

Baker Avenue Asset Management LP boosted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,534,043 shares of the company’s stock after acquiring an additional 90,748 shares during the period. Schwab US Large-Cap ETF accounts for 1.8% of Baker Avenue Asset Management LP’s portfolio, making the stock its 15th largest holding. Baker Avenue Asset Management LP owned approximately 0.11% of Schwab US Large-Cap ETF worth $61,932,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SCHX. Crews Bank & Trust purchased a new position in shares of Schwab US Large-Cap ETF during the second quarter valued at about $26,000. Orion Capital Management LLC bought a new position in Schwab US Large-Cap ETF during the first quarter valued at approximately $27,000. S.A. Mason LLC purchased a new position in Schwab US Large-Cap ETF during the 2nd quarter valued at approximately $29,000. Moser Wealth Advisors LLC purchased a new position in Schwab US Large-Cap ETF during the 2nd quarter valued at approximately $32,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in Schwab US Large-Cap ETF in the 2nd quarter worth approximately $33,000.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $27.09 on Friday. The stock has a market capitalization of $62.90 billion, a price-to-earnings ratio of 25.66 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 $27.27. The business’s 50 day simple moving average is $26.60 and its 200-day simple moving average is $25.44.

Schwab US Large-Cap ETF Profile

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.