Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Bought by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC grew its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,153 shares of the company’s stock after acquiring an additional 4,090 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $231,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. HighTower Advisors LLC grew its stake in Schwab 1000 Index ETF by 36.9% in the 3rd quarter. HighTower Advisors LLC now owns 5,614 shares of the company’s stock worth $311,000 after acquiring an additional 1,512 shares during the period. Invst LLC purchased a new stake in shares of Schwab 1000 Index ETF in the third quarter valued at $208,000. GAMMA Investing LLC grew its position in shares of Schwab 1000 Index ETF by 100.0% in the fourth quarter. GAMMA Investing LLC now owns 18,364 shares of the company’s stock valued at $520,000 after purchasing an additional 9,182 shares during the period. Silver Lake Advisory LLC acquired a new position in Schwab 1000 Index ETF in the second quarter valued at $1,151,000. Finally, Thomasville National Bank lifted its position in Schwab 1000 Index ETF by 95.1% during the fourth quarter. Thomasville National Bank now owns 7,100 shares of the company’s stock worth $201,000 after buying an additional 3,460 shares during the period.

Schwab 1000 Index ETF Price Performance

SCHK opened at $28.66 on Friday. Schwab 1000 Index ETF has a 12 month low of $22.70 and a 12 month high of $29.54. The business has a 50-day moving average of $28.82 and a two-hundred day moving average of $27.62. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 26.06 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.