HBK Sorce Advisory LLC Has $3.80 Million Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

HBK Sorce Advisory LLC raised its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 98.1% in the 4th quarter, HoldingsChannel reports. The fund owned 134,140 shares of the company’s stock after purchasing an additional 66,431 shares during the period. HBK Sorce Advisory LLC’s holdings in Schwab 1000 Index ETF were worth $3,798,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Schwab 1000 Index ETF by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock valued at $315,000 after acquiring an additional 396 shares in the last quarter. Mather Group LLC. raised its holdings in shares of Schwab 1000 Index ETF by 63.4% in the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after buying an additional 472 shares in the last quarter. GHP Investment Advisors Inc. raised its holdings in shares of Schwab 1000 Index ETF by 100.8% in the 4th quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock worth $28,000 after buying an additional 488 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock worth $32,000 after buying an additional 574 shares in the last quarter. Finally, Breakwater Investment Management raised its holdings in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after buying an additional 587 shares in the last quarter.

Schwab 1000 Index ETF Trading Up 0.5 %

Shares of SCHK opened at $26.91 on Thursday. Schwab 1000 Index ETF has a 1 year low of $23.86 and a 1 year high of $29.65. The stock has a 50 day simple moving average of $28.77 and a 200-day simple moving average of $28.31. The stock has a market cap of $3.78 billion, a PE ratio of 24.25 and a beta of 1.04.

Schwab 1000 Index ETF Company Profile

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.