IMA Advisory Services Inc. lessened its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 1.0% in the fourth quarter, HoldingsChannel reports. The firm owned 1,788,112 shares of the company’s stock after selling 17,671 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 4.6% of IMA Advisory Services Inc.’s holdings, making the stock its 5th biggest holding. IMA Advisory Services Inc.’s holdings in Schwab US Large-Cap ETF were worth $48,118,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC raised its holdings in Schwab US Large-Cap ETF by 5.5% in the third quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock worth $916,080,000 after purchasing an additional 1,808,743 shares in the last quarter. HBK Sorce Advisory LLC grew its position in shares of Schwab US Large-Cap ETF by 1.3% in the 4th quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock worth $939,212,000 after buying an additional 437,374 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab US Large-Cap ETF by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock worth $833,806,000 after buying an additional 1,546,669 shares during the period. Sage Financial Group Inc. increased its stake in shares of Schwab US Large-Cap ETF by 0.8% in the 3rd quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock worth $658,754,000 after acquiring an additional 199,289 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in Schwab US Large-Cap ETF by 1.5% during the 3rd quarter. Captrust Financial Advisors now owns 18,482,949 shares of the company’s stock valued at $486,841,000 after acquiring an additional 272,099 shares during the period.
Schwab US Large-Cap ETF Price Performance
NYSEARCA:SCHX opened at $29.05 on Monday. The firm has a market capitalization of $70.05 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a one year low of $21.81 and a one year high of $29.95. The company’s 50-day simple moving average is $28.07 and its 200 day simple moving average is $27.31.
About Schwab US Large-Cap ETF
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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
Further Reading
- Five stocks we like better than Schwab US Large-Cap ETF
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
Want to see what other hedge funds are holding SCHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report).
Receive News & Ratings for Schwab US Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
