FPC Investment Advisory Inc. Boosts Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

FPC Investment Advisory Inc. raised its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 55.8% in the first quarter, HoldingsChannel.com reports. The fund owned 958,364 shares of the company’s stock after purchasing an additional 343,346 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 14.6% of FPC Investment Advisory Inc.’s portfolio, making the stock its 3rd biggest holding. FPC Investment Advisory Inc.’s holdings in Schwab US Large-Cap ETF were worth $21,333,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Orin Green Financial LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the first quarter valued at approximately $235,000. Kelman Lazarov Inc. bought a new stake in Schwab US Large-Cap ETF in the 1st quarter valued at $581,000. Morling Financial Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 0.5% during the 1st quarter. Morling Financial Advisors LLC now owns 469,418 shares of the company’s stock valued at $10,365,000 after purchasing an additional 2,115 shares during the last quarter. Cadence Wealth Management LLC boosted its position in Schwab US Large-Cap ETF by 7.3% during the first quarter. Cadence Wealth Management LLC now owns 12,294 shares of the company’s stock worth $271,000 after purchasing an additional 836 shares during the period. Finally, Carnegie Investment Counsel boosted its position in Schwab US Large-Cap ETF by 2.5% during the first quarter. Carnegie Investment Counsel now owns 37,144 shares of the company’s stock worth $820,000 after purchasing an additional 917 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $25.11 on Friday. The company’s 50-day moving average is $24.04 and its 200-day moving average is $23.13. The firm has a market capitalization of $57.58 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $25.19.

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.