Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 7.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Spinnaker Trust bought a new position in shares of Schwab 1000 Index ETF in the third quarter valued at approximately $200,000. Manchester Financial Inc. bought a new position in Schwab 1000 Index ETF during the 3rd quarter valued at $206,000. Invst LLC acquired a new position in shares of Schwab 1000 Index ETF during the 3rd quarter valued at $208,000. Miracle Mile Advisors LLC acquired a new stake in shares of Schwab 1000 Index ETF in the third quarter valued at $225,000. Finally, Accredited Investors Inc. acquired a new stake in shares of Schwab 1000 Index ETF in the third quarter valued at $241,000.

Schwab 1000 Index ETF Stock Up 0.5 %

NYSEARCA:SCHK opened at $29.30 on Friday. Schwab 1000 Index ETF has a 52-week low of $23.33 and a 52-week high of $29.57. The firm has a market cap of $1.99 billion, a P/E ratio of 26.06 and a beta of 1.02. The business’s 50-day moving average price is $28.91 and its 200 day moving average price is $27.80.

Schwab 1000 Index ETF 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.