Schwab US Large-Cap ETF (NYSEARCA:SCHX) Stake Raised by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. lifted its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 199.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,367,701 shares of the company’s stock after purchasing an additional 910,758 shares during the period. Schwab US Large-Cap ETF comprises about 13.6% of Morris Financial Concepts Inc.’s portfolio, making the stock its 2nd biggest holding. Morris Financial Concepts Inc. owned about 0.21% of Schwab US Large-Cap ETF worth $31,703,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHX. Concourse Financial Group Securities Inc. grew its position in Schwab US Large-Cap ETF by 224.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after buying an additional 258 shares during the period. McClarren Financial Advisors Inc. purchased a new position in Schwab US Large-Cap ETF during the fourth quarter valued at $25,000. Versant Capital Management Inc lifted its holdings in Schwab US Large-Cap ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after purchasing an additional 842 shares in the last quarter. IFS Advisors LLC purchased a new position in Schwab US Large-Cap ETF during the fourth quarter valued at $30,000. Finally, Princeton Global Asset Management LLC lifted its holdings in Schwab US Large-Cap ETF by 200.7% during the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after purchasing an additional 867 shares in the last quarter.

Schwab US Large-Cap ETF Stock Down 0.3 %

SCHX opened at $23.93 on Thursday. The company has a market cap of $15.60 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $19.39 and a 52-week high of $24.23. The firm’s fifty day simple moving average is $23.70 and its two-hundred day simple moving average is $22.90.

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.