Key Financial Inc Acquires New Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Key Financial Inc acquired a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) in the 4th quarter, Holdings Channel reports. The fund acquired 3,768 shares of the company’s stock, valued at approximately $107,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GHP Investment Advisors Inc. increased its holdings in Schwab 1000 Index ETF by 100.8% in the 4th quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock worth $28,000 after buying an additional 488 shares during the period. Blue Trust Inc. increased its holdings in Schwab 1000 Index ETF by 100.0% in the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock worth $32,000 after buying an additional 574 shares during the period. Breakwater Investment Management increased its holdings in Schwab 1000 Index ETF by 100.0% in 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 period. Mather Group LLC. increased its holdings in Schwab 1000 Index ETF by 63.4% in the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after buying an additional 472 shares during the period. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in 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 worth $92,000 after buying an additional 1,632 shares during the period.

Schwab 1000 Index ETF Trading Up 0.2 %

Shares of NYSEARCA:SCHK opened at $29.58 on Wednesday. Schwab 1000 Index ETF has a twelve month low of $23.86 and a twelve month high of $29.59. The company’s 50 day moving average is $28.93 and its 200 day moving average is $28.09. The company has a market cap of $2.01 billion, a PE ratio of 26.06 and a beta of 1.02.

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.