Legacy Wealth Management Inc Has $186.64 Million Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Legacy Wealth Management Inc reduced its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHKFree Report) by 57.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,683,412 shares of the company’s stock after selling 4,930,548 shares during the quarter. Schwab 1000 Index ETF comprises 13.8% of Legacy Wealth Management Inc’s investment portfolio, making the stock its 3rd largest position. Legacy Wealth Management Inc owned approximately 5.42% of Schwab 1000 Index ETF worth $186,638,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Warwick Investment Management Inc. purchased a new position in Schwab 1000 Index ETF during the 4th quarter valued at about $38,108,000. Cerity Partners LLC bought a new stake in shares of Schwab 1000 Index ETF during the fourth quarter valued at approximately $2,207,000. International Assets Investment Management LLC raised its holdings in Schwab 1000 Index ETF by 4,506.0% in the 4th quarter. International Assets Investment Management LLC now owns 24,734 shares of the company’s stock worth $1,139,000 after acquiring an additional 24,197 shares during the last quarter. Armstrong Advisory Group Inc. lifted its position in Schwab 1000 Index ETF by 1.7% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246,826 shares of the company’s stock valued at $57,429,000 after acquiring an additional 21,261 shares in the last quarter. Finally, Sherrill & Hutchins Financial Advisory Inc purchased a new stake in Schwab 1000 Index ETF during the 4th quarter valued at $866,000.

Schwab 1000 Index ETF Stock Performance

Shares of SCHK stock traded up $0.17 during mid-day trading on Tuesday, hitting $52.51. The company’s stock had a trading volume of 87,839 shares, compared to its average volume of 279,118. Schwab 1000 Index ETF has a 52-week low of $39.41 and a 52-week high of $52.86. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The business has a 50-day moving average price of $50.55 and a 200 day moving average price of $48.83.

Schwab 1000 Index ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab 1000 Index ETF (NYSEARCA:SCHK)

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