Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Acquired by Elevation Wealth Partners LLC

Elevation Wealth Partners LLC lifted its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,664 shares of the company’s stock after buying an additional 3,332 shares during the period. Elevation Wealth Partners LLC’s holdings in Schwab 1000 Index ETF were worth $189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Wealth Management Inc increased its holdings in shares of Schwab 1000 Index ETF by 94.0% during the 4th quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock worth $197,340,000 after buying an additional 3,377,865 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in Schwab 1000 Index ETF by 107.3% in the 4th quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock valued at $74,548,000 after purchasing an additional 1,363,200 shares during the last quarter. Waddell & Associates LLC increased its holdings in Schwab 1000 Index ETF by 1.4% in the 3rd quarter. Waddell & Associates LLC now owns 962,726 shares of the company’s stock valued at $53,229,000 after purchasing an additional 13,201 shares during the last quarter. Lighthouse Wealth Management Inc. acquired a new stake in Schwab 1000 Index ETF in the 4th quarter valued at approximately $9,549,000. Finally, Blake Schutter Theil Wealth Advisors LLC acquired a new stake in Schwab 1000 Index ETF in the 3rd quarter valued at approximately $17,174,000.

Schwab 1000 Index ETF Stock Performance

Schwab 1000 Index ETF stock opened at $29.11 on Monday. Schwab 1000 Index ETF has a fifty-two week low of $23.72 and a fifty-two week high of $29.57. The firm has a 50 day moving average price of $28.92 and a 200 day moving average price of $27.92. The company has a market capitalization of $1.98 billion, a PE ratio of 26.06 and a beta of 1.02.

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.