Rothschild Investment LLC Invests $128,000 in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Rothschild Investment LLC acquired a new stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,440 shares of the company’s stock, valued at approximately $128,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHK. Woodmont Investment Counsel LLC bought a new stake in shares of Schwab 1000 Index ETF in the 1st quarter valued at about $26,000. International Assets Investment Management LLC acquired a new stake in Schwab 1000 Index ETF in the second quarter valued at approximately $28,000. Hexagon Capital Partners LLC boosted 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 acquiring an additional 690 shares in the last quarter. Clear Investment Research LLC purchased a new position in Schwab 1000 Index ETF in the fourth quarter worth $87,000. Finally, TD Capital Management LLC increased its position in shares of Schwab 1000 Index ETF by 30.5% during the fourth quarter. TD Capital Management LLC now owns 2,508 shares of the company’s stock worth $116,000 after purchasing an additional 586 shares in the last quarter.

Schwab 1000 Index ETF Trading Down 2.2 %

Shares of SCHK opened at $53.10 on Wednesday. Schwab 1000 Index ETF has a 12 month low of $39.41 and a 12 month high of $54.45. The stock has a fifty day moving average price of $52.88 and a 200-day moving average price of $51.13. The firm has a market cap of $3.61 billion, a PE ratio of 26.06 and a beta of 1.02.

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.