Sims Investment Management LLC Takes $50.16 Million Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Sims Investment Management LLC acquired a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,164,019 shares of the company’s stock, valued at approximately $50,162,000. Schwab US Large-Cap ETF accounts for 28.4% of Sims Investment Management LLC’s investment portfolio, making the stock its largest position.

A number of other institutional investors and hedge funds have also modified their holdings of SCHX. SVB Wealth LLC acquired a new stake in Schwab US Large-Cap ETF in the 4th quarter valued at $226,000. Flputnam Investment Management Co. boosted its stake in Schwab US Large-Cap ETF by 225.1% in the 4th quarter. Flputnam Investment Management Co. now owns 380,916 shares of the company’s stock valued at $8,830,000 after buying an additional 263,759 shares in the last quarter. Motco boosted its stake in Schwab US Large-Cap ETF by 200.0% in the 4th quarter. Motco now owns 12,894 shares of the company’s stock valued at $299,000 after buying an additional 8,596 shares in the last quarter. Gordian Advisors LLC boosted its stake in Schwab US Large-Cap ETF by 190.1% in the 4th quarter. Gordian Advisors LLC now owns 1,187,451 shares of the company’s stock valued at $27,525,000 after buying an additional 778,177 shares in the last quarter. Finally, Pettyjohn Wood & White Inc. boosted its stake in Schwab US Large-Cap ETF by 200.0% in the 4th quarter. Pettyjohn Wood & White Inc. now owns 81,951 shares of the company’s stock valued at $1,900,000 after buying an additional 54,634 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $23.51 on Friday. The stock’s fifty day simple moving average is $23.71 and its 200 day simple moving average is $23.13. The firm has a market cap of $52.66 billion, a price-to-earnings ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31.

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.