Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report)’s stock is scheduled to split on Friday, October 11th. The 2-1 split was announced on Wednesday, September 25th. The newly minted shares will be issued to shareholders after the closing bell on Thursday, October 10th.
Schwab 1000 Index ETF Price Performance
SCHK traded down $0.13 during trading hours on Thursday, hitting $54.67. 104,637 shares of the stock were exchanged, compared to its average volume of 234,523. Schwab 1000 Index ETF has a 12 month low of $39.41 and a 12 month high of $55.30. The stock has a 50-day simple moving average of $53.28 and a 200-day simple moving average of $51.84. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02.
Institutional Investors Weigh In On Schwab 1000 Index ETF
A number of institutional investors have recently modified their holdings of the business. Woodmont Investment Counsel LLC acquired a new stake in shares of Schwab 1000 Index ETF during the 1st quarter worth approximately $26,000. International Assets Investment Management LLC acquired a new stake in Schwab 1000 Index ETF in the second quarter worth $28,000. Hexagon Capital Partners LLC lifted its stake in Schwab 1000 Index ETF by 95.4% in the second quarter. Hexagon Capital Partners LLC now owns 1,413 shares of the company’s stock valued at $74,000 after buying an additional 690 shares during the last quarter. Rothschild Investment LLC acquired a new position in shares of Schwab 1000 Index ETF during the second quarter valued at $128,000. Finally, Mather Group LLC. bought a new position in shares of Schwab 1000 Index ETF during the second quarter worth about $161,000.
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.
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