Axxcess Wealth Management LLC Reduces Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Axxcess Wealth Management LLC reduced its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 25.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,150 shares of the company’s stock after selling 2,484 shares during the period. Axxcess Wealth Management LLC’s holdings in Schwab 1000 Index ETF were worth $329,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHK. Private Ocean LLC increased its holdings in Schwab 1000 Index ETF by 73.4% in the fourth quarter. Private Ocean LLC now owns 796 shares of the company’s stock valued at $37,000 after buying an additional 337 shares during the last quarter. Sound Income Strategies LLC acquired a new position in Schwab 1000 Index ETF in the fourth quarter valued at approximately $43,000. ZRC Wealth Management LLC acquired a new position in Schwab 1000 Index ETF in the fourth quarter valued at approximately $153,000. MCF Advisors LLC acquired a new position in Schwab 1000 Index ETF in the fourth quarter valued at approximately $184,000. Finally, Thomasville National Bank acquired a new position in Schwab 1000 Index ETF in the fourth quarter valued at approximately $207,000.

Schwab 1000 Index ETF Stock Down 0.0 %

Shares of SCHK stock opened at $49.98 on Thursday. The business has a 50 day moving average of $49.58 and a two-hundred day moving average of $46.74. Schwab 1000 Index ETF has a 52 week low of $39.39 and a 52 week high of $50.77. The company has a market cap of $3.40 billion, a P/E ratio of 25.01 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.