Schwab 1000 Index ETF (NYSEARCA:SCHK) Stock Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 7.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,692 shares of the company’s stock after acquiring an additional 396 shares during the quarter. JPMorgan Chase & Co.’s holdings in Schwab 1000 Index ETF were worth $315,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SCHK. HighTower Advisors LLC increased its stake in Schwab 1000 Index ETF by 36.9% during the third quarter. HighTower Advisors LLC now owns 5,614 shares of the company’s stock valued at $311,000 after purchasing an additional 1,512 shares during the last quarter. Invst LLC bought a new stake in shares of Schwab 1000 Index ETF during the 3rd quarter valued at about $208,000. Wealth Enhancement Advisory Services LLC raised its stake in Schwab 1000 Index ETF by 6.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,562 shares of the company’s stock worth $529,000 after acquiring an additional 611 shares during the period. Blake Schutter Theil Wealth Advisors LLC bought a new position in Schwab 1000 Index ETF in the third quarter worth about $17,174,000. Finally, Spinnaker Trust acquired a new position in Schwab 1000 Index ETF in the third quarter valued at approximately $200,000.

Schwab 1000 Index ETF Trading Up 0.5 %

Shares of Schwab 1000 Index ETF stock opened at $29.30 on Friday. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a twelve month low of $23.33 and a twelve month high of $29.57. The business’s 50 day simple moving average is $28.91 and its 200-day simple moving average is $27.80.

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.