Alamar Capital Management LLC Purchases New Position in Schwab 1000 Index ETF $SCHK

Alamar Capital Management LLC purchased a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 16,090 shares of the company’s stock, valued at approximately $504,000.

Several other hedge funds have also recently bought and sold shares of SCHK. Waddell & Associates LLC lifted its holdings in Schwab 1000 Index ETF by 1.0% during the 4th quarter. Waddell & Associates LLC now owns 2,071,165 shares of the company’s stock worth $67,934,000 after purchasing an additional 20,815 shares during the last quarter. Principia Wealth Advisory LLC bought a new stake in Schwab 1000 Index ETF in the 4th quarter valued at $3,550,000. Wolfstich Capital LLC acquired a new position in Schwab 1000 Index ETF in the 4th quarter valued at $3,557,000. Wescott Financial Advisory Group LLC acquired a new position in Schwab 1000 Index ETF in the 4th quarter valued at $2,972,000. Finally, Catalyst Investment Management LLC bought a new position in Schwab 1000 Index ETF during the 4th quarter worth $1,198,000.

Schwab 1000 Index ETF Stock Performance

SCHK opened at $36.02 on Thursday. Schwab 1000 Index ETF has a fifty-two week low of $29.89 and a fifty-two week high of $36.63. The company has a market capitalization of $5.71 billion, a P/E ratio of 25.42 and a beta of 1.01. The stock has a fifty day moving average of $35.93 and a 200-day moving average of $34.09.

Schwab 1000 Index ETF Company Profile

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.