Key Financial Inc Makes New $107,000 Investment in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Key Financial Inc bought a new position in Schwab 1000 Index ETF (NYSEARCA:SCHK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,768 shares of the company’s stock, valued at approximately $107,000.

A number of other large investors have also added to or reduced their stakes in SCHK. Legacy Wealth Management Inc raised its holdings in Schwab 1000 Index ETF by 94.0% in the fourth quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock worth $197,340,000 after purchasing an additional 3,377,865 shares in the last quarter. Armstrong Advisory Group Inc. raised its holdings in Schwab 1000 Index ETF by 107.3% in the fourth quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock worth $74,548,000 after purchasing an additional 1,363,200 shares in the last quarter. Lighthouse Wealth Management Inc. acquired a new position in shares of Schwab 1000 Index ETF during the fourth quarter valued at about $9,549,000. Blake Schutter Theil Wealth Advisors LLC acquired a new position in shares of Schwab 1000 Index ETF during the third quarter valued at about $17,174,000. Finally, International Assets Investment Management LLC raised its position in shares of Schwab 1000 Index ETF by 19,941.3% in the 3rd quarter. International Assets Investment Management LLC now owns 107,622 shares of the company’s stock valued at $5,950,000 after purchasing an additional 107,085 shares during the last quarter.

Schwab 1000 Index ETF Stock Up 0.2 %

Shares of Schwab 1000 Index ETF stock opened at $29.58 on Wednesday. The firm has a market capitalization of $2.01 billion, a P/E ratio of 26.06 and a beta of 1.02. The company has a 50 day moving average price of $28.93 and a 200 day moving average price of $28.09. Schwab 1000 Index ETF has a 52 week low of $23.86 and a 52 week high of $29.59.

Schwab 1000 Index ETF 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.