Evolution Wealth Management Inc. Increases Stock Holdings in Schwab US Large-Cap ETF $SCHX

Evolution Wealth Management Inc. grew its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 69.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 78,180 shares of the company’s stock after acquiring an additional 32,079 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 2.1% of Evolution Wealth Management Inc.’s holdings, making the stock its 8th largest position. Evolution Wealth Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $2,059,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SCHX. Sei Investments Co. lifted its holdings in Schwab US Large-Cap ETF by 3.4% in the second quarter. Sei Investments Co. now owns 35,969,139 shares of the company’s stock worth $879,088,000 after purchasing an additional 1,194,355 shares during the period. HBK Sorce Advisory LLC increased its stake in Schwab US Large-Cap ETF by 5.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 35,294,611 shares of the company’s stock valued at $940,954,000 after buying an additional 1,768,344 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab US Large-Cap ETF by 13.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,821,337 shares of the company’s stock worth $679,953,000 after buying an additional 3,342,325 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab US Large-Cap ETF by 17.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock worth $484,662,000 after acquiring an additional 2,942,434 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of Schwab US Large-Cap ETF by 0.7% in the 3rd quarter. Cerity Partners LLC now owns 18,864,225 shares of the company’s stock worth $496,884,000 after acquiring an additional 133,206 shares during the period.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX opened at $27.25 on Friday. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.42. The firm has a market capitalization of $64.18 billion, a PE ratio of 25.66 and a beta of 1.01. The company’s 50 day simple moving average is $26.84 and its 200 day simple moving average is $26.02.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.