GAMMA Investing LLC Acquires 9,182 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

GAMMA Investing LLC grew its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,364 shares of the company’s stock after buying an additional 9,182 shares during the quarter. GAMMA Investing LLC’s holdings in Schwab 1000 Index ETF were worth $520,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Spinnaker Trust purchased a new stake in Schwab 1000 Index ETF during the 3rd quarter valued at $200,000. Manchester Financial Inc. bought a new position in shares of Schwab 1000 Index ETF during the third quarter valued at about $206,000. Invst LLC purchased a new stake in shares of Schwab 1000 Index ETF during the third quarter worth about $208,000. True Vision MN LLC bought a new stake in shares of Schwab 1000 Index ETF in the second quarter worth about $210,000. Finally, Miracle Mile Advisors LLC purchased a new position in Schwab 1000 Index ETF during the 3rd quarter valued at about $225,000.

Schwab 1000 Index ETF Stock Performance

NYSEARCA SCHK opened at $28.62 on Monday. The stock has a market cap of $1.95 billion, a P/E ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a fifty-two week low of $22.57 and a fifty-two week high of $29.54. The stock has a 50 day simple moving average of $28.73 and a two-hundred day simple moving average of $27.50.

About Schwab 1000 Index ETF

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.