Y Intercept Hong Kong Ltd Boosts Stock Position in Schwab 1000 Index ETF $SCHK

Y Intercept Hong Kong Ltd lifted its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 108.8% during the third quarter, Holdings Channel reports. The institutional investor owned 57,668 shares of the company’s stock after purchasing an additional 30,043 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Schwab 1000 Index ETF were worth $1,852,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Schwab 1000 Index ETF by 20.6% during the first quarter. Royal Bank of Canada now owns 9,116 shares of the company’s stock worth $245,000 after purchasing an additional 1,556 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Schwab 1000 Index ETF during the first quarter valued at about $232,000. Goldman Sachs Group Inc. acquired a new stake in Schwab 1000 Index ETF during the first quarter worth about $629,000. Jane Street Group LLC acquired a new position in shares of Schwab 1000 Index ETF in the 1st quarter valued at about $2,157,000. Finally, Sound Income Strategies LLC increased its position in Schwab 1000 Index ETF by 49.2% during the 2nd quarter. Sound Income Strategies LLC now owns 1,498 shares of the company’s stock worth $45,000 after purchasing an additional 494 shares in the last quarter.

Schwab 1000 Index ETF Trading Down 0.2%

NYSEARCA:SCHK opened at $33.43 on Friday. The firm’s fifty day simple moving average is $33.00 and its 200 day simple moving average is $32.08. Schwab 1000 Index ETF has a twelve month low of $23.18 and a twelve month high of $33.62. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 25.42 and a beta of 1.02.

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.