SMI Advisory Services LLC Increases Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

SMI Advisory Services LLC grew its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 95.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 20,047 shares of the company’s stock after purchasing an additional 9,795 shares during the period. SMI Advisory Services LLC’s holdings in Schwab 1000 Index ETF were worth $564,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Breakwater Investment Management lifted its holdings in Schwab 1000 Index ETF by 100.0% during the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after buying an additional 587 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Schwab 1000 Index ETF by 100.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 3,255 shares of the company’s stock valued at $92,000 after purchasing an additional 1,632 shares during the last quarter. Spinnaker Trust purchased a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at about $200,000. Manchester Financial Inc. purchased a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at about $206,000. Finally, Invst LLC purchased a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at about $208,000.

Schwab 1000 Index ETF Stock Performance

Schwab 1000 Index ETF stock opened at $29.37 on Thursday. Schwab 1000 Index ETF has a fifty-two week low of $23.33 and a fifty-two week high of $29.54. The company has a market capitalization of $2.00 billion, a P/E ratio of 26.06 and a beta of 1.02. The stock has a 50-day simple moving average of $28.83 and a 200-day simple moving average of $27.71.

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.