Davis Capital Management Grows Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Davis Capital Management increased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 170.7% in the fourth quarter, Holdings Channel reports. The firm owned 2,442 shares of the company’s stock after buying an additional 1,540 shares during the period. Davis Capital Management’s holdings in Schwab US Large-Cap ETF were worth $57,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. XML Financial LLC boosted its position in shares of Schwab US Large-Cap ETF by 200.4% during the fourth quarter. XML Financial LLC now owns 34,224 shares of the company’s stock worth $793,000 after buying an additional 22,830 shares during the period. Traphagen Investment Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Traphagen Investment Advisors LLC now owns 110,025 shares of the company’s stock worth $2,550,000 after acquiring an additional 73,471 shares in the last quarter. Simon Quick Advisors LLC boosted its holdings in Schwab US Large-Cap ETF by 194.5% during the 4th quarter. Simon Quick Advisors LLC now owns 86,751 shares of the company’s stock valued at $2,011,000 after acquiring an additional 57,294 shares during the period. Sheets Smith Wealth Management grew its position in Schwab US Large-Cap ETF by 199.7% in the 4th quarter. Sheets Smith Wealth Management now owns 806,995 shares of the company’s stock valued at $18,706,000 after acquiring an additional 537,729 shares in the last quarter. Finally, Beaumont Financial Advisors LLC lifted its position in shares of Schwab US Large-Cap ETF by 179.6% during the fourth quarter. Beaumont Financial Advisors LLC now owns 142,598 shares of the company’s stock worth $3,305,000 after purchasing an additional 91,596 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $23.94 on Wednesday. Schwab US Large-Cap ETF has a one year low of $19.08 and a one year high of $24.19. The firm has a 50 day simple moving average of $23.60 and a 200-day simple moving average of $22.66. The firm has a market cap of $15.61 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02.

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.