Summit Investment Advisory Services LLC Invests $212,000 in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Summit Investment Advisory Services LLC purchased a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, Holdings Channel.com reports. The fund purchased 3,760 shares of the company’s stock, valued at approximately $212,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Providence Capital Advisors LLC purchased a new stake in Schwab US Large-Cap ETF in the third quarter worth $26,000. Stonebridge Capital Advisors LLC purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $32,000. PCA Investment Advisory Services Inc. purchased a new position in Schwab US Large-Cap ETF during the second quarter valued at $35,000. Citigroup Inc. lifted its position in Schwab US Large-Cap ETF by 832.9% during the first quarter. Citigroup Inc. now owns 737 shares of the company’s stock valued at $40,000 after buying an additional 658 shares during the period. Finally, Balentine LLC purchased a new position in Schwab US Large-Cap ETF during the second quarter valued at $41,000.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX traded down $0.02 during trading hours on Friday, hitting $62.06. The company had a trading volume of 2,017,875 shares, compared to its average volume of 1,914,969. The firm has a fifty day moving average price of $59.66 and a 200-day moving average price of $55.37. The stock has a market capitalization of $39.72 billion, a price-to-earnings ratio of 18.28 and a beta of 1.01. Schwab US Large-Cap ETF has a 52-week low of $47.07 and a 52-week high of $62.24.

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.