Koshinski Asset Management Inc. Invests $242,000 in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Koshinski Asset Management Inc. acquired a new stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,774 shares of the company’s stock, valued at approximately $242,000.

Other hedge funds also recently bought and sold shares of the company. US Bancorp DE grew its position in Schwab 1000 Index ETF by 0.5% during the first quarter. US Bancorp DE now owns 67,780 shares of the company’s stock valued at $3,434,000 after buying an additional 317 shares during the period. Woodmont Investment Counsel LLC purchased a new stake in shares of Schwab 1000 Index ETF in the first quarter worth $26,000. Richardson Capital Management LLC increased its stake in Schwab 1000 Index ETF by 1,049.4% in the 1st quarter. Richardson Capital Management LLC now owns 31,436 shares of the company’s stock worth $1,593,000 after buying an additional 28,701 shares in the last quarter. Guardian Wealth Advisors LLC NC grew its position in shares of Schwab 1000 Index ETF by 76.4% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 26,154 shares of the company’s stock worth $1,205,000 after purchasing an additional 11,324 shares in the last quarter. Finally, Warwick Investment Management Inc. purchased a new position in Schwab 1000 Index ETF in the 4th quarter worth approximately $38,108,000.

Schwab 1000 Index ETF Stock Up 0.1 %

SCHK stock traded up $0.05 during mid-day trading on Friday, hitting $53.23. The company had a trading volume of 7,535 shares, compared to its average volume of 262,658. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The company has a 50-day moving average price of $52.06 and a 200 day moving average price of $49.74. Schwab 1000 Index ETF has a 12-month low of $39.41 and a 12-month high of $54.45.

Schwab 1000 Index ETF 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.