Invst LLC Buys New Shares in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Invst LLC purchased a new position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) in the third quarter, according to its most recent filing with the SEC. The firm purchased 3,767 shares of the company’s stock, valued at approximately $208,000.

Several other hedge funds have also recently made changes to their positions in the business. International Assets Investment Management LLC bought a new stake in shares of Schwab 1000 Index ETF in the 2nd quarter valued at $28,000. Rothschild Investment LLC acquired a new position in shares of Schwab 1000 Index ETF during the second quarter valued at about $128,000. Spinnaker Trust bought a new position in shares of Schwab 1000 Index ETF during the 3rd quarter worth about $200,000. Ritholtz Wealth Management acquired a new stake in shares of Schwab 1000 Index ETF in the 2nd quarter valued at about $202,000. Finally, Manchester Financial Inc. acquired a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at about $206,000.

Schwab 1000 Index ETF Stock Performance

SCHK stock opened at $28.31 on Thursday. Schwab 1000 Index ETF has a fifty-two week low of $22.57 and a fifty-two week high of $29.54. The stock’s 50 day simple moving average is $28.71 and its 200 day simple moving average is $27.47. The company has a market cap of $1.93 billion, a P/E 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.