Sowell Financial Services LLC Takes Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Sowell Financial Services LLC bought a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 147,417 shares of the company’s stock, valued at approximately $3,417,000.

Other institutional investors have also modified their holdings of the company. Cornerstone Planning Group LLC grew its position in shares of Schwab US Large-Cap ETF by 200.8% during the 3rd quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock valued at $54,000 after buying an additional 528 shares during the last quarter. McClarren Financial Advisors Inc. bought a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter valued at about $25,000. Versant Capital Management Inc grew its position in shares of Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after buying an additional 842 shares during the last quarter. Princeton Global Asset Management LLC grew its position in shares of Schwab US Large-Cap ETF by 200.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after buying an additional 867 shares during the last quarter. Finally, IFS Advisors LLC bought a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter valued at about $30,000.

Schwab US Large-Cap ETF Stock Up 0.5 %

Shares of NYSEARCA:SCHX opened at $22.74 on Monday. Schwab US Large-Cap ETF has a fifty-two week low of $19.50 and a fifty-two week high of $24.31. The firm has a 50-day simple moving average of $23.63 and a 200 day simple moving average of $23.19. The company has a market cap of $50.94 billion, a PE ratio of 26.64 and a beta of 1.02.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.