Motco Buys 8,596 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Motco boosted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% during the fourth quarter, Holdings Channel reports. The firm owned 12,894 shares of the company’s stock after purchasing an additional 8,596 shares during the quarter. Motco’s holdings in Schwab US Large-Cap ETF were worth $299,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHX. Howard Capital Management Group LLC bought a new position in Schwab US Large-Cap ETF during the third quarter valued at approximately $209,000. PFG Investments LLC purchased a new stake in Schwab US Large-Cap ETF during the third quarter valued at approximately $203,000. Strategic Blueprint LLC purchased a new stake in Schwab US Large-Cap ETF during the third quarter valued at approximately $212,000. Pinnacle Associates Ltd. increased its holdings in Schwab US Large-Cap ETF by 5.2% during the third quarter. Pinnacle Associates Ltd. now owns 24,649 shares of the company’s stock valued at $1,672,000 after buying an additional 1,228 shares during the last quarter. Finally, Financial Advocates Investment Management increased its holdings in Schwab US Large-Cap ETF by 6.9% during the third quarter. Financial Advocates Investment Management now owns 28,286 shares of the company’s stock valued at $2,051,000 after buying an additional 1,838 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 1.6 %

Shares of SCHX stock opened at $23.51 on Friday. Schwab US Large-Cap ETF has a 12 month low of $19.50 and a 12 month high of $24.31. The stock has a market cap of $52.66 billion, a P/E ratio of 26.64 and a beta of 1.02. The company has a 50 day simple moving average of $23.71 and a two-hundred day simple moving average of $23.13.

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.