Ifrah Financial Services Inc. Trims Stake in Schwab US Large-Cap ETF $SCHX

Ifrah Financial Services Inc. lowered its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 62,780 shares of the company’s stock after selling 1,963 shares during the period. Ifrah Financial Services Inc.’s holdings in Schwab US Large-Cap ETF were worth $1,534,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE raised its stake in shares of Schwab US Large-Cap ETF by 5.2% in the first quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after acquiring an additional 10,782,297 shares during the period. HBK Sorce Advisory LLC raised its stake in shares of Schwab US Large-Cap ETF by 2.8% in the first quarter. HBK Sorce Advisory LLC now owns 33,030,817 shares of the company’s stock valued at $729,320,000 after acquiring an additional 890,971 shares during the period. Sage Financial Group Inc. raised its stake in shares of Schwab US Large-Cap ETF by 1.9% in the first quarter. Sage Financial Group Inc. now owns 25,345,106 shares of the company’s stock valued at $559,620,000 after acquiring an additional 479,820 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Schwab US Large-Cap ETF by 17.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock valued at $540,497,000 after acquiring an additional 3,701,133 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Schwab US Large-Cap ETF by 17.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock valued at $484,662,000 after acquiring an additional 2,942,434 shares during the period.

Schwab US Large-Cap ETF Trading Up 0.5%

Shares of SCHX opened at $26.29 on Friday. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $26.68. The company has a market cap of $60.93 billion, a P/E ratio of 25.66 and a beta of 1.01. The company’s fifty day simple moving average is $25.94 and its 200-day simple moving average is $24.18.

Schwab US Large-Cap ETF Profile

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.